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Trained drivers steer cars over networks, while the region lacks clear rules, putting grab’s $60 million investment at risk.

The transaction is expected to close in the fourth quarter of 2025, subject to. Grab holdings limited (grab) announced on monday that it inked a deal to invest $60 million in vay technology gmbh Singapore’s grab has announced an initial $60 million investment in german remote driving startup vay, with the potential to increase to $410 million within a year if vay hits key milestones such as u.s City expansion, consumer revenue targets, and regulatory approvals.

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