Member Info for isb1974

Based on this where would you focus your efforts, buses?

https://www.acea.auto/figure/eu-commercial-vehicle-production/

What makes it worse is that the 4000 units is across 4 OEMs so a whopping 1000 units a year each. Absolutely nothing. SP will hardly move today after it sinks in.

I'll be impressed when they land a Damiler contract for over 50000 vehicles a year. Personally given their claimed market leadership position in fleet I would expect more than one of the big contracts and I guess the market does as well.

This will not run past 3p today, it's 4000 units out of an addressable market in Europe alone of over 300,000

Its still small fry. Win a large fleet contract like Daimler, Traton or DAF and then it will fly. Thats what the market wants. Not just extensions with wrightbus and shell if that's what they are

Maps - did you type that with a straight face?

How many times has PM said that about both auto and fleet contracts - why will this time be any different?

3 months for him to either fail again or actually deliver on both fronts!

Exactly, still all just words

Next 6 months will be key

Volvo produced 56,000 trucks in 2024 (18% market share) - so in one years time SEYE will almost be in the same number of fleet vehicles as it's taken SEE to get into in over 10 years!

It was probably that RFQ that we were the only ones on the contract for given that has never materialised

This is SEYE

Makes our contract announcement today even more embarrassing.

We've been doing fleet far longer than SEYE yet they win one of the big boys.

PM needs to go

And there's the spin I've been waiting for - what a load of b***ocks

Seeing 2020

Below I copy and paste my prediction

"None of any significance'

Technically we are both right, but I fear mine holds more weight, unless you think 60 vehicles is going to move the dial?

Plus but some spin on this I need a good laugh

Maps

Exactly this

I'd also like to hear about progress in factory fit with the big 5 truck manufacturers in Europe. Over to you PM tomorrow.

9 months out from legislation and nothing about the 5 largest truck manufacturers - wtf is going on!

Modest fleet size :) quick search on Google suggests 60

God this is desperate - in sure PM said Mitsu would bring quick wins 3-4 months on and they have their first for 60 vehicles whilst SEYE announce a win with a global fleet worth thousands of units

Well done PM delivering as usual!

And the SP continues to fall on no news, everyone just clinging to the words of PM and MI hoping cash breakeven happens and kpi's ramp up.

9 months out from legislation you would have thought fleet contracts would be coming out of our ears and this would be flying.

Spectacular September this is certainly not!

I don't know what to laugh at first - the fact that it's in £ or the fact that we should get excited by a price target of 6.68p

Why would Mitsu make an offer if they can see us losing business like BMW, Mercedes and GM

No one is going to make an offer until the hard work is done ie cash breakeven, solid order bank, etc...

The order bank is laughable considering we were being told this would be a 2bn market by now and as for cash breakeven I'm sure there is still a nasty twist to that one.

I'm also still wondering how 300,000 fleet vehicles that are made every year in the EU are going to adhere to the legislation - I would have assumed contracts would be coming out of our ears by now and not just trials

I would say he is confirming that that large stable supplier is SEE and they have lost the BMW business on gen 3

I assume gen 1 was SEYE - gen 2 was us - gen 3 is Tobi,

But of course he is implying that SEE can win it back with Gen 4 probably with the latest carrot of impairment included which I don't believe Tobi can do yet but they probably will by the time gen 4 is confirmed

So yes not so sticky anymore is it PM!

... just f*** off and post on a Tobi forum instead of an here please

.. I was actually hoping for a contract today so they had some positive news to talk about on Thursday

But as usual nothing. It looks like more carrot dangling on Thursday then - this time on impairment.

That's going to be used now to distract from bugger all progress with Magna and Mitsu

How can SEE have lost both of these - what are they playing at.

Does look good. What's happened to the relationship with Qualcomm that was supposed to be the big winner about 4 years ago.

If PM can't deliver get someone in who can!

Now we just need Magna gen 2 contract with this being part of the gen 2 development.

Before Xmas would be nice - Colin did say he was going to post about that at a later date so it can't be far away.

Hope Morrison puts in the legislation within the next 3 years.

40% of the US market will dwarf Europe surely

A gen 3 fleet contract before Xmas as well, good kpi's in Nov and this could actually start showing some signs of SP growth