Grab Holdings Limited (GRAB) announced on Monday that it inked a deal to invest $60 million in Vay Technology GmbH. Vay Technology GmbH was described as a leading provider of automotive-grade remote ...

The two-wheel-drive remote-control car is on the smaller side, at 1/14th scale, but it has a powerful motor to keep it ...

Vay builds automotive-grade remote operation systems designed to power new mobility services. Credit: Vay. Singapore-based mobility services provider Grab is investing $60m in cash for a minority ...

Autonomous vehicles are having a moment, and it’s making it a lot easier for smaller companies to raise money. Vay, a German startup offering remote-controlled rental cars, will get $60 million in ...

(Reuters) -Grab Holdings will invest $60 million in remote driving firm Vay Technology, the Singaporean firm said ‌on Monday, sending its shares up more than 6% ‌in premarket trading. The company is ...