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Southeast Asia's largest ride-hailing service provider Grab is investing $60 million in the remote driving service company Vay to increase its bet in the field of autonomous vehicle technology. The two companies stated in a joint statement on Monday that if Vay reaches certain milestones, this initial investment, pending regulatory approval, can increase to a total of $410 million within a year. The transaction could be completed in the fourth quarter. Vay's service model is between regular human-driven taxis and fully autonomous vehicles. It allows users to order a car and then the car is remotely operated by an operator and delivered to the customer. Once the vehicle arrives, the remote operator disconnects and the customer takes control of the vehicle to drive to their desired location. Grab is not the only ride-hailing platform preparing for a future where autonomous driving is the norm. Its American counterparts Uber and Lyft are also partnering with technology suppliers and fleet operators for global deployment.