RE: Big numbers GM 40% EV 202521 Dec 2020 23:09
Interesting post by Jimb2 as he has mentioned two OEM’s who are going to deliver for another AIM company far quicker than they are for EMH (notice I said EMH rather than KDNC - as our share will be so pitiful in EMH by 2025 it will not worth be bothering about)
Anyway my tip for 2021 is Seeing Machines (SEE) - they already supply GM with their DMS tech in the Cadillac and it will be rolled out in further models throughout 2021 and beyond. The F150 is also going to be launched with the SEE tech anytime now.
DYOR research but here are a few reasons why you should look into it;
Merc and BMW will also launch new models in 2021 with SEE tech
They work with multiple tier one suppliers to OEM including Qualcomm, Bosch, continental and Veoneer.
Toyota, VW and Volvo are all working on putting DMS in their cars.
They have signed an MOU with L3 to supply the aviation industry with their tech. Research has shown they are also working with CAE as well.
They have contracts with fleet customers all over the world including National Express here in the UK
They have a contract with Caterpillar
And the clincher is EU leg is in place that states from mid 2022 all new models must have DMS fitted (cars, lorries, vans and trucks), followed by all new cars in 2024.
They have no debt and £60m in cash (£20m of which has just come from a large US II)
DMS is the latest safety device for cars. Some are saying it’s going to be as important as air bags. The difference is DMS prevents accidents and save lives - Air bags help save lives after an accident. Insurance companies are starting to become interested.
Have fun researching, but don’t take long.
Shame all those rampers filtered me as they have missed out on this tip.