German startup Vay on Wednesday launched its so-called “teledriving” solution in the U.S. for the first time, putting the company into direct competition with more richly funded and valuable American firms in the mobility technology space.
The company, which has so far received $110 million in funding from investors including Swedish investment giant Kinnevik, U.S. fund Coatue and French private equity fund Eurazeo, said its new service is now live in Nevada, Las Vegas.
Vay’s service will enable people to get cars delivered to them directly by drivers in remote spaces operated by Vay. When they’re done with the trip, they can choose in Vay’s app to let one of the company’s teledrivers take over, and then park the car. The car is then driven back by Vay’s teledriver.
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