Grab to invest in remote driving technology company Vay
The investment terms include Grab acquiring new shares and zero-strike warrants from Vay, contingent on achieving certain milestones over three years post-closing
Grab Holdings Ltd. announced plans to invest $60 million in Vay Technology GmbH, a company specializing in automotive-grade remote driving technology.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
