Member Info for Lewbo18

Another thing to bear in mind is that SEE dont always bid for every RFQ. The Cenkos note suggested that SEE didn't bid for Hyundai nor Geely. Focussing resources, time and effort on the ones they want i assume.

Chris, nobody can disagree with what you said. We are currently loss making and the auto revenues won't come in probably until 2020/21. Fleet was messed up but appears back on line and if we hit 27k installs by June 2020 will bring in a chunk of change. Aviation and rail are growing, who knows where that could take us. Now my opinion for what it is worth points to a successful fund raise. Why people focus on PI fund raise and forget about the IIs that have bought baffles me. SEYE broker Vicktor when he said that FCA had gone down the drain (or words to that effect) said that SEYE had lost FCA to the only known other competitor in the current round of RFQs. So its either us or them. Some OEMs will go cheap, some wont, both companies will win. Ive increased my holding by about 50% at these levels. Do i sleep ok at night, yes, why? Cause it isn't 2020/21 yet. I get concerned for some on this BB. I know some at deep under water, but nobody is happy with the way things have gone even what some have described as Uber investors. Its just that some dont moan all the time. Some do which is in their nature O suppose but it wont help them or anyone else. If i found this too stressful i would sell up and take a break from AIM. Its brutal, but there are some nuggets there and IMO this is one.

Phil, take some time away from this board.

Waymo CEO John Krafcik explains why a parking lot is one of the most difficult environments for a self-driving car https://www.businessinsider.com/waymo-ceo-john-krafcik-explains-big-challenge-for-self-driving-cars-2019-4

Some good posts guys (and of course some dross as well). Sebs- very funny! Ford was $50 million with 1 model so how much with multiple models - thats important. Fundraise nearly done, IIs fully subscribed £27m. Legislation coming and 5 *s backing it up. Also what is worth noting, SEE just dont bid for an RFQ once.. They bid with multiple T1s for the same contract. BMW bid was several.

Just one more step to go and it will be law - done deal really.
Next steps
The regulation, approved by Parliament with 578 votes to 30, and 25 abstentions, will now be submitted for approval to the EU Council of Ministers.

So EuroNcap means to get 5 stars OEMs need to have DMS by 2022 for all new cars.

EU Law will mean - Cars, vans, trucks and buses to be equipped with advanced safety features 2023 for DMS.(I think)

What's not to like !!!

If approved today then there is just one more step. It seems..... MEPs vote on new measures to improve road safety and reduce accidents on 16 April. The rules would make a number of safety features compulsory in new cars Next steps Once adopted by Parliament, the rules will have to be approved by the Council before they can enter into force. http://www.europarl.europa.eu/news/en/headlines/society/20190307STO30715/safer-roads-new-eu-measures-to-reduce-car-accidents

When it goes into production in late 2020 or early 2021 at Bordrin's first assembly plant in Nanjing, the C31 is expected to have a Level 3 automated system, which enables drivers to take their eyes from the road so long as they can retake control when needed. Lavine says the company is still ironing out the supplier for that system. https://www.autonews.com/future-product/ev-maker-bordrin-skips-flash-keeps-real-car-focus

Yes it seems the Firstbus is part of FirstGroup and the irish subsidiary is Aircoach. Big outfit FirstGroup. https://www.aircoach.ie/about-us Whatif, i had thought about the Wrightbus connection, they are big and produce worldwide.

What I don't understsnd is why Theia are recruiting for Dublin and Belfast when Firstbus operate out of Dublin and their only connection with Belfast is an airport run to and from Dublin. Perhaps they anticipate more business from the Belfast area or want engineers to cover all Ireland.

But you still keep coming back here to 'share' your moans. Jeez you are so easily wound up!! LOL

Its illegal to give financial advice to buy on this site. Its not illegal for you to suggest who the T1 is and if SEE are the T2 for Volvo. So.... Whats your thoughts?

S7, who does you research say has won volvo then? Oh no wait you don't do any..... Happy to criticise but not contribute.

Must be expecting some work. Recruiting full time and part time UK..... Accredited UK third party installers for Guardian by Seeing Machines; an intelligent driver safety solution which prevents driver fatigue and distraction events using world leading technology https://twitter.com/TheiaTechUK/status/1117811877042642945?s=19

Some good sensible posts this morning guys. Everyone knows its about 2020/21. I understand the frustration but lets see where things are even by the end of this year.

Im sort of the opinion that Nvidia have/are moving to a T1-T2. SEE have to work with whoever the OEM state. Very keen to see what the Volvo outcome is.

Phil meant 'do' you consider. I do actually now.

Phil so you consider Nvidia are classified as a T1 now?

Nvidia keeps croping up recently.

You would think so if that is the case but what would that say about SEYE if they don't?