Episode 230 | Autonomy Insights: Click a Button Get a Car

In Las Vegas, Vay has completed over 5,000 teledriven trips as the fleet has expanded to 150 vehicles. Justin Spratt, Chief Business Officer, Vay joined Grayson Brulte on Autonomy Insights to discuss the business of teledriving. Vay's teledriving system, VayNet, minimizes latency through advanced compression techniques and redundant networks. Their business model offers the potential to reduce costs by up to 50% compared to traditional ride-hailing services.Theit technology has the potential to unlock new efficiencies in transportation, from improving operations in seaports and airports to enhancing car rental services and supporting the growth of autonomous vehicles.Chapters0:00 Vay's Approach to Teledriving1:10 Automotive Safety Case3:57 Vay Business Model9:12 Economics of Teledriving10:10 Vay Use Cases 12:57 Telemarket OutlookRecorded on Wednesday September 18, 2024--------About The Road to AutonomyThe Road to Autonomy® is a leading source of data, insight and commentary on autonomous vehicles/trucks and the emerging autonomy economy™.Sign up for This Week in The Autonomy Economy newsletter: https://www.roadtoautonomy.com/autonomy-economy/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.