Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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The Ford Midsize Crossover That Outsells The Bronco Twins
BY
TYLER DUPONT
PUBLISHED 10 HOURS AGO
Discover why the Ford Explorer reigns suprem
Across all trim levels, though, the Explorer is getting a new front fascia, with a reworked grille, headlamps, and lower air inlets. The rear of the mid-size SUV features new tail lamps. BlueCruise, Ford’s hand-free driving feature, also gets added. On the inside, soft-touch materials upgrade comfort and the Explorer gets access to the Ford Digital Experience.
https://www.topspeed.com/ford-midsize-crossover-outsells-bronco-twins/
The Ford Midsize Crossover That Outsells The Bronco Twins
BY
TYLER DUPONT
PUBLISHED 10 HOURS AGO
Discover why the Ford Explorer reigns suprem
Patrick Nolan spoke to Qantas senior Training and Checking executives at their headquarters in Sydney recently to discuss the benefits of #eye-tracking technology and how they are using it to make #pilot #training more #efficient and effective. Watch the first of five short snippets below. #aviation #seeingmachines #simulator
Yeah Seeing2030, i agree there is a high probability - "it will be new models they are releasing this year, they won’t be going beyond the regs." VW sticks to steering control as long as they can for legacy models. , unfortunately very much a possibility, we should consider for this year projections
Aaroon,
I would also expect the new Golf to have SM DMS.
They might produce a few of them
Well, i hope you’re right about the sp, the numbers and the car sales.
It is all conjecture and being invested here has shown things don’t happen as they should or assume they should.
I am waiting to see the next two KPIs, need to see the execution now
Thanks Maplinman for pointing out the numbers for Western Europe close to 700k. For my 1 million units per month, for VW i have taken both Western Europe and North America. My assumption is ID7 in NorthAmerica shares the same driver assistance tech as in Europe. I have no idea what the rampup of production looks like for VW, but Martin gave us two crucial hints to figure out the probable volumes and earnings for VW
1. He said most of the volumes are now to 2028
2. 6.5 million to 7.5 million as the forecasted volume for 2026
If we assume VW contract of 82 million USD, 85 percent falls within 2028, that 70 million over 4 years, roughly 17.5 USD per annum.
But large volumes like VW, we lose on per unit.
@glandore Why should we correlate EVs and DMS ? Is there a link between them?
Nice post Sandy. Made me chuckle. I don't really want to meet some of these characters on any shopping trip. I suspect they'd try and convince me to avoid my prospective purchase so that they could nab it. Years of research has convinced me to be overweight in SEE, and the business is progressing at pace.
Glandore,
If you've got better numbers please provide them as I'm sure fellow investors would like to see them. The numbers I gave weren't total numbers for VW, they were for Western Europe only. They don't even include US numbers and we know VW is launching DMS into that market.
Maplinman, My point was simply that when proposing numbers of SEE DMS installations in VW in 2024 giving numbers of total VW Sales is irrelevant/misleading. A better base, equally easy to find, would be the number of VW EVS in 2023 and extrapolate from there…
Apologies to Seeing2020, I should have referenced Seeing2030 in my previous post.
VW is gradually putting SEE DMS into into new cars and is already ramping up production. I think 3m cars on the road with SEE tech is likely by calendar year end and SEE has already produced expected cumulative numbers in the presentation provided by Aaron. I'd respectfully ask for other calculations from those who doubt this number. Aaron has done it, I've done it. They are in the best position to know what is coming.
Seeing2020, you're wrong in stating that all OEMs won't go beyond the regs, some already have. That includes Mercedes, BMW, GM and Ford. Those that haven't are playing catch up on safety. Japanese OEMs are lagging behind and that's the main reason I am certain we can expect positive contract news from Japanese manufacturers.
I appreciate a sceptical approach but I see no reason to be negative. Imho, it would be a shame if private investors sold out too early based on a muddle-headed view of SEE's prospects. The share price should shoot up like a coiled spring once the KPIs for existing contracts and further contracts are announced. That is close at hand. Of course, DYOR.
Re. Commercial vehicles I've provided a link to the numbers VW produces in my previous posts.
Btw, in cars with Ford Blue Cruise, such as the Mach-e, the DMS works whether or not you buy the Blue Cruise subscription.
It will be new models they are releasing this year, they won’t be going beyond the regs. They have steering wheel DMS in models now to follow the current regs. Blue cruise and super cruise good examples of this because DMS isn’t active unless the lvl2+ is active, they only do as much as they have to.
GSR says July for commercial vehicles but there already is a grace period of 3 months to get it fitted.
Anyone seen anything like this before? This bulletin-board gloom; a pattern that's familiar, perhaps? “Ship's sinking. Better bail now. You're all doomed!”
Are we all doomed? Well, not quite. And, just because I can't help myself – for anyone new to this game - let me now sound like your share buying grandad...
You see, when our share price turns around and starts climbing again – as sure as night follows day - those negative voices will vanish (for a while). Then a post will appear on this board (mark my words) where a hand wringing individual (or two) will be wishing he'd/she'd bought when the price was way down at 4-ish pence (remember the 1.5p plummet when Covid arrived?).
So while you're worrying about our lowly share price, why not also have a worry about the objectives of our visiting doom-mongers. For instance, when was the last time YOU approached a complete stranger and advised them that the car/printer/garden rake they'd just bought was complete chuff? I'm guessing you are 'normal', so you've probably never done such a thing. So well done Normal. But since you are - normal - you'll also understand how abnormal the giving of such 'advice' is (Note: I don't even believe real financial advisers – the type that sit behind desks wearing shiny suits and 'trust me' smiles on their shiny faces. So when some faceless 'expert' fronts-ups on a bulletin-board and starts giving it 'Beware the Ides of March', of course - I'm hanging on their every word!).
Now, back to worrying. After you've had one (a worry), go back and remind yourself of the multitudinous reasons why you first invested in Seeing Machines. Then, if you are new to this lark, Google the following phrase then read about the gentleman who first made it his own (but most of all, think about its profundity): “Be fearful when others are greedy and greedy when others are fearful.”
P.S. … and then - do yourself another favour. Go read that endless list of RNS announcements where INSIDER MONEY is telling you - exactly – where Seeing Machines' technology is placed - in a very, very big market.
Hi Maplinman, I understand vw probably has SEE DMS in the new EV models. But do they have DMS in legacy petrol/ diesel models ? And if not what % is that?
Glandore,
To take your questions in reverse order.
Yes, only mandatory on new models in Europe (not just Western Europe) after July 2024 and all vehicles from 2026. However, VW is going beyond the minimum requirement. I don't know of any other supplier to VW - does anyone? Do you have an alternative suggestion on the numbers we should be expecting? Thanks.
Monday will be 90 days to go.
Shows how hard it is….
Elon Musk Is Still Trying to Get Other Carmakers to License "Full Self-Driving," But Not a Single One Has Taken Him Up On It
Tesla CEO Elon Musk has been pushing his EV maker's so-called "Full Self-Driving" advanced driver assist software even harder than usual.
He's recently mandated all Tesla employees to install and demo the beta to new buyers, for instance, even though it's already led to plenty of close calls and collisions. The company also released a free demo of the $15,000 add-on to existing Tesla owners, leading to reports of rims scraping on curbs and other chaos.
And that isn't all. As Quartz reports, Musk has been trying to push the feature on other automakers as well — none of which have so far taken him up on the offer. (Tesla confirmed in January that it hadn't entered into any agreements.)
https://uk.finance.yahoo.com/news/elon-musk-still-trying-other-163524343.html
Do all the VW cars have DMs ?
Do all the VW cars have DMS from SEEing machines ?
I thought it was only mandatory on new models after July 2024 and all vehicles from 2026.
Redefining Driver Safety and Automation
indie is redefining perception-based vision processing by developing high-performance and differentiated semiconductor hardware and open software perception stacks. These solutions are designed to deliver scalable designs spanning internal driver and occupant monitoring systems (DMS, OMS) and high performance external computer vision systems while addressing the cost, power and form factor challenges that OEMs face.
https://indiesemi.com/redefining-driver-safety-and-automation/
😂🤣😂🤣😂😆🥲🤣😂
I should correct my earlier post. That number on VW for Western Europe is approx 230k a month and for deliveries. Ignoring seasonal discrepancies that's 700k a quarter in Western Europe from VW alone. Still, we should push through 3m this calendar year. [The figure for total VW deliveries in 2022 is here https://uploads.vw-mms.de/system/production/files/cws/039/908/file/5295283008465dfc3a4f950412999d935db88e51/20240112_Deliveries_Tables_incl_BEV.pdf?1705049819
It includes some trucks but I think the 700k figure per quarter in Western Europe is a useful benchmark. Keen to get views. Thanks.
Great work Aaron,
The VW figures are consistent with VW sales in Western Europe alone. They really are going to have a huge impact on the KPIs and will leave Smart Eye lagging far behind. We should smash 3m vehicles on the road this year. Given VW provides monthly updates on its sales figures, these number shouldn't come as a surprise to the industry.
Sceptics can take a look here at VW monthly sales figures: https://www.volkswagen-group.com/en/deliveries-to-customers-15741
Martin made prediction on 2026 automotive volumes in
https://www.youtube.com/watch?v=2SwNqrdZZ4o&t=746s
Automotive 62 USD million
Awarded business 6.5 - 7.5 million units based on minimum lifetime volumes for projects already won
My rough calculations
Above 1 million per quarter for VW
Above 250k per quarter for BMW
Subaru SOP 2025 - 50-100k
Renault SOP SOP late 2024 - 50-100k
Existing volumes for other legacy viz Merc Bluecruise and SuperCruise - 240k
My calculations get me close to 1.7 million in automotive volumes , 6.8 million per year , very much in the mid range of 5.5 to 7.5 million Martin quoted.
Note the following
First this are minimum volume projections
Secondly 2026 sees two new programmes one European 30 miill USD and another US 15 million USD. I am not taking this at all into consideration.
In order to achieve these numbers, we need to see VW and BMW numbers in the next two KPIs.