Debut of new Hungarian startup

Analysis

Intelligent car service Vemoco is debuting in Hungary. The startup is offering devices with special sensors and GPS functions to help give drivers a safer and more efficient driving experience.

Vemoco offers services for both commercial and private drivers. The producer guarantees that drivers using the devices will save a significant amount of money as the technology helps in the optimization of the car. Keeping a history of the driver’s style, the users can learn how to drive in a way that is better for the car mechanically and also saves money.

Insurance companies like Posta Biztosító and Netrisk are offering special insurance conditions for users of the technology.

The device is part of the EU’s plan to make transportation more efficient and secure. Vemoco’s device is also compatible with so-called ‘eCall’ systems, which would automatically let rescue teams know about a possible accident.

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