Check out all new features in V-Ray 2.0
The V-Ray rendering system has a rich set of features. Please be aware that every feature is a subject to change without advanced notice.
Here are some of the key features of the new V-Ray 2.0 for 3ds Max.

VRayCarPaintMtl - create stunning car paint shaders complete with base, flake and coat layers.

VRayHairMtlis - a new shader, allowing hair and fur to be rendered with unprecedented control, quality, and speed.

VRayLightSelect Render Element -become a master of lighting with the new VrayLightSelect feature and extract the contribution of each light to the scene or compose all the lights back together and change their intensity in real time in any compositing software.

VRayMultiSubTex - use this V-Ray specific texture to assign different textures based on object ID.