Digital Services: Telia Company, Wayke partner to digitalize cars in Sweden

Telia Company Logo

Telia Company and the Swedish online car marketplace Wayke have entered a partnership to develop new digital services for cars. As a first step, customers will be offered a new and proactive solution for the overhaul and aftermarket.

The cooperation between Telia Company and Wayke will contain a series of joint innovations which will simplify car ownership, a safer second-hand market and increasing accessibility so that individual cars can be used at a larger extent.

AI functions will also be developed over time, enabling analysis of large amounts of data to predict bugs before they actually occur; features that will improve profitability and customer satisfaction. Automatic ratings and support for pricing of used vehicles based on advanced vehicle data will also be available features in the near future.

“We are very pleased to be able to, together with Wayke, offer even better IoT- and connected cars-services,” says Marcus Lidbeck, Head of Division X Digital Markets at Telia Company.

The online marketplace Wayke was launched by 362 of Sweden’s leading car dealers as well as MRF (Motor Industry Association) in October 2017 and has quickly become Sweden’s second largest trading place for cars. Wayke aims to become an innovation platform that supports the automotive digitalization.