News & Reviews:   AUTONOMOUS

Grab Holdings Limited has announced a definitive agreement to invest US$60 million (~RM249 million) in Vay Technology GmbH, a Berlin-based remote-driving technology company. The deal marks Grab’s entry into the fast-evolving world of teledriving and autonomous vehicle innovation. Subject to regulatory approvals and standard closing conditions, the investment is expected to be completed by the fourth quarter of 2025, giving Grab a minority equity stake in Vay.

During the 18th Global Analyst Conference in Shenzhen, it seems that Huawei mentioned that they have invested more than USD1 billion in smart car components and R&D in order to manufacture the Huawei EV in the near future. Not only that, but Huawei claimed that their upcoming EV is able to achieve up to 1000KM range of autonomous driving on a single charge, which is significantly more compared to Tesla.