German remote-driving startup Vay has announced securing EUR 34 million (USD 37 million) in funding from the European Investment Bank (EIB). This financial boost is earmarked for the expansion of Vay's innovative remote-driven vehicle technology across Europe and the growth of its development team.

German remote-driving startup Vay secures EUR 34 million in EIB funding

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German remote-driving startup Vay secures EUR 34 million in EIB funding