Member Info for terrym

Since its launch, Ford’s BlueCruise hands-free highway driving assist feature has steadily grown in popularity after facing some early issues and resulting delays. In fact, BlueCruise and its Lincoln counterpart, ActiveGlide, have seen enrollment explode to more than 80,000 users, who have driven well over 21 million miles with the feature enabled thus far. The automaker also recently released the BlueCruise 1.2 update, which adds a handful of new features to the mix. However, bigger and better things are on the way, as Ford CEO Jim Farley has revealed that the automaker is already working on a BlueCruise L3 system.

https://fordauthority.com/2022/10/ford-ceo-jim-farley-says-bluecruise-l3-system-is-on-the-way/

Interior rearview mirror assembly with driver monitoring system
Patent number: 11465561
Abstract: A vehicular interior rearview mirror assembly includes a mirror head adjustably attached at a mounting base configured to attach at an interior portion of a vehicle. A driver monitoring camera is accommodated by the mirror head so as to move in tandem with the mirror head when the mirror head is adjusted relative to the mounting base to adjust a driver's rearward view. A forward viewing camera is accommodated by the mounting base so as to have a forward field of view through the vehicle windshield. A processor is operable to process image data captured by the driver monitoring camera to determine (i) driver attentiveness, (ii) driver drowsiness and/or (iii) driver gaze direction. The processor adjusts processing of the image data captured by the driver monitoring camera to accommodate adjustment of the mirror head when the driver adjusts the mirror head to adjust his or her rearward view.
Type: Grant
Filed: April 16, 2021
Date of Patent: October 11, 2022
Assignee: MAGNA MIRRORS OF AMERICA, INC.
Inventors: Austen C. Peterson, Gregory A. Huizen
https://patents.justia.com/assignee/magna-mirrors-of-america-inc

Ford Fulfills Earnings Guidance, Has Strong Cash Flow in Q3; Will Accelerate Development of L2+/L3 ADAS Technology

https://greenstocknews.com/news/nyse/f/ford-fulfills-earnings-guidance-has-strong-cash-flow-in-q3-will-accelerate-development-of-l2-l3-adas-technology

https://greenstocknews.com/news/nyse/f/ford-fulfills-earnings-guidance-has-strong-cash-flow-in-q3-will-accelerate-development-of-l2-l3-adas-technology

World Best Selling Pick Up Ranking up to July of 2022 reports the Ford F-Series as the undisputed leader, followed by a rising Chevrolet Silverado.

The undisputed market leader remains the Ford F-Series. This vehicle is mainly sold in the US and Canada, that represent 98% of it’s total sales. Until July 2022, the Ford F-Series registered 434k units (13.1% market share).

In second place we have the Chevrolet Silverado -up 1 spot- selling 344k units (10.4% share), followed by the Toyota Hillux with 326k units sold (9.8% share).
https://www.focus2move.com/world-best-selling-pick-up/

Patrick Moorhead is LIVE with Qualcomm Automotive SVP & GM Nakul Duggal, right off a plane from IAA in Munich. They talk about the IAA Munich show, automotive industry digital transformation, the Snapdragon Digital Chassis, Renault-Google tie-up, and 5G in the car.
https://moorinsightsstrategy.libsyn.com/live-with-qualcomm-automotive-svp-gm-nakul-duggal-right-off-a-plane-from-iaa-in-munich

Boonboon

Fleet is so under valued.

Each 3-5 year fleet connection of 1 truck is worth 175-350 car licenses.

So a fleet of 3000 units could be worth up to 1 million cars if my quick maths tot up is correct. Depending on how the deal sold via.

Very good point S2020

Companies buy other companies for future profits & the picture will be much much clearer in 12-18 months of what % of the market SEE are winning.

Companies like Magna, Qualcomm & Intel have the vision & wonga to see what’s coming…

Lets hope November some nice news starts dropping with updates & contracts.

Moving forward, Seeing Machines will be issuing a quarterly publication focused on three KPI's from the Aftermarket and Automotive business units, launching in November 2022. Below are metrics reported Q4 FY2022:



- Guardian connections of 39,832, a 5% increase (Q3FY22: 37,791)

- Backlog to Guardian Connections of 10,706 units to be installed

- Cars on road increased by 31% to 447,225 (Q3FY22: 341,000)

General Motors makes a big deal out of the Ultium battery technology underpinning its new and upcoming electric vehicles like the Cadillac Lyriq, GMC Hummer EV and the Chevrolet Silverado EV pickup. But the GM EV that’s a hit with customers right now is, ironically, the Bolt, a model that was first introduced back in 2016 and that doesn’t use the new Ultium battery packs GM boasts about in its newer models.

As electric cars go, the Bolt is getting old. In fact, the Bolt has bounced back in a big way from a major crisis last year, when GM had to halt production because of an issue that could lead to battery fires in some cases. Customers were also warned to treat their battery packs gently and to avoid charging their cars indoors until the issue was resolved. CNN Business even questioned, earlier this year, whether GM might be about to “pull the plug on the Bolt.”

Then, in April, with the battery issue resolved, and gas prices coincidentally spiking, GM restarted Bolt production. Sales took off like a Corvette Z06 in Launch Mode. The Bolt EV and its new, more SUV-like sibling the Bolt EUV had record sales in the third quarter of the year with 14,000 being delivered to customers. Sales have come back so strongly, in fact, that GM now plans to increase production from 44,000 Bolts this year to 70,000 next year.

https://us.knews.media/news/the-chevy-bolts-huge-sales-prove-america-is-craving-a-cheap-electric-car/

Harman, a subsidiary of Samsung, has been working with automakers to “bring ****pits to life,” says Huibert Verhoeven, Senior Vice President for Digital ****pits. In the case of a ****pit, the consolidated operating systems (OS) have different constraints. For example, the digital cluster requires the display to respond quickly, while an infotainment system requires it to execute a large set of applications (web browser, air conditioning, radio and video, Android or iPhone applications). This cluster is safety critical and required to be predictable, while the infotainment needs to be open and secure.

With Harman’s virtualisation process, powered by its type-1 ASIL B certified hypervisor, the key requirement is to provide a safe, flexible, and controlled means of communication. Verhoeven notes that experiences within the car have changed significantly through the years: “Our perspective on ****pits has shifted greatly due to the electrification of vehicles. The user has become much more of a focus.”

Infotainment
For passengers, the entertainment aspect of infotainment has been rapidly advancing to make the experience more enjoyable.

“On the infotainment side, we primarily saw the transition from the screen trying to mimic a smartphone to a set of screens—there are cars right now with up to six screens throughout the vehicle—where the information has to be presented in a way that is easily understandable and optimised for driving,” Verhoeven tells Automotive World. This is a trending industry topic, with many OEMs and suppliers looking to manage multiple screens within the vehicle across different users and displays.
Harman calls this solution Ready Care, which uses a camera to capture the driver’s eyelids and determine their engagement and whether they are likely to fall asleep. “Our approach has been fundamentally different. Yes, we detect drowsy drivers, but we fuse it with other factors. It’s not just about the driver falling asleep—what if the driver is on the road looking at the screen? Are they still mentally focused on the task at hand?”

These considerations will become increasingly important as automakers move towards self-driving features. At SAE Levels 3 and 4, there will be situations where the car might be driving, but the driver is still responsible. “Then, the question becomes a little bit more difficult. Most of the time the driver will rely on the vehicle doing things correctly, but they still have to be present and alert to take over when needed.”

https://www.automotiveworld.com/articles/connected-mobility-articles/harman-is-bringing-****pits-to-life/

Mobileye valued at over $21 billion as stock opens 27% above IPO price, and keeps rising

So if they still intending to sell 50% they will get $10.5b back and still own 50%.

With $10.5b in the bank I know a little Aussie Co they could buy :)

Soul

You know how un researched he is.

Prob didnt know results out 15th Aug lol

Results already announced. What extra info will we get?
15 August 2022
FY2022 trading update
Trading in line with expectations, positive underlying growth

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, provides a trading update for the year ended 30 June 2022 ("FY2022").


Key highlights:

- Revenue in line with, and cash position ahead of market expectations

- High margin Automotive royalty revenues up 139% on prior year

- Start of production vehicles on road now at 447,000, up 246% on prior year

- Non-Recurring Engineering (NRE) revenue up 61% on prior year, a lead indicator for future Automotive royalty revenue

- Cumulative Automotive order book of A$395m, up 97.5% on prior year, based on expected initial lifetime volumes

- Guardian now connected to 39,832 vehicles, up 25% on prior year, with increasing demand from customers, and has travelled more than 10 billion kms globally

- Deal signed to deploy the world's first pilot fatigue detection system in the ****pit for Air Ambulance Victoria



Seeing Machines' growth momentum accelerated as additional Automotive programs successfully start production and there are more than 447,000 cars on the road, spanning 24 vehicle models across 5 individual OEMs, with the Company's driver monitoring system (DMS) technology installed. This represents a 246% increase year-on-year, a trend that is expected to continue as more programs start production, permanently changing the Automotive revenue mix from non-recurring engineering (NRE) to high-margin royalty revenue. The cumulative Automotive order book now stands at A$395m with the majority expected to be recognised over the period to 2028. The Company also delivered a significant underlying increase in NRE revenue, 61%, year-on-year, as new programs begin, with additional, bespoke features, a strong lead indicator for future royalty revenue.



The Aftermarket business continued to grow as Guardian, now connected to 39,832 vehicles (compared to 31,771 in the previous period), is attracting commercial fleet operators, including large multi-national enterprises. In addition, Guardian is being sought by truck and bus manufacturers for 'after manufacture' fitment as Europe's deadline for General Safety Regulation (GSR) compliance fast approaches.



The global supply chain pressures have affected Guardian hardware costs and the Company's ability to secure adequate supply of hardware to meet demand. This has resulted in all available stock being sold in FY2022 and over 2,000 Guardian units ordered and not yet supplied, representing around A$3.5m in forward orders to be recognised in FY2023. Supply chain issues have been resolved with the Company's manufacturer, resulting in their guarantee to deliver satisfactory levels of stock by the end of H1 2023 to meet the gro

The second is the growth of Super Cruise. Our customers have now traveled 40 million miles with Super Cruise engaged, and the numbers are growing very quickly. We recently doubled its road network to more than 400,000 miles of interstates and non-divided highways, making it even more valuable to customers who already have highly -- are as highly satisfied with the technology. By the end of next year, it will be available on 22 models globally.

While we are expanding the competitive advantage we have in advanced driver assistance systems with Super Cruise, the Cruise team in San Francisco continues to make rapid progress in autonomous vehicles.
https://seekingalpha.com/article/4548829-general-motors-company-gm-q3-2022-earnings-call-transcript

Wonder if they talking to Qualcomm?

Higher than expected demand, and the need to reduce costs may lead Toyota to radically change its EV plans.

Multiple sources within Toyota have told Reuters the automaker is considering a drastic overhaul of its electric vehicle plans, with a working party currently examining options and due to report back at the beginning of 2023.

When Toyota and Lexus told the world late last year it would invest billions in EV development, as well as introducing 16 EV concepts with production intent, its projections indicated it would only need to build 3.5 million EVs per year by 2030 to meet demand. For context, the company currently produces about 10 million cars per year.

Now it believes it will need significantly more than that. Toyota is also keen to bring the cost of its EV technologies down in order to be more competitive against the likes of Tesla, Rivian, GM, Ford, and others.

While the automaker considers its options, it has reportedly paused several of the EV projects announced at the end of 2021. Documents seen by the news service say work has stopped on the EV version of the Crown, and the Compact Cruiser crossover, which had styling reminiscent of the the FJ Cruiser.

One plan being considered would see Toyota incorporate new technologies into the e-TNGA platform in order to stretch out its working life, and make it more competitive.

Another more drastic option will see Toyota phase out the e-TNGA EV architecture much earlier than anticipated, with many models cancelled.

While this would put Toyota further behind the pack in the short term, it will allow the Japanese giant to concentrate on developing a new ground-up EV architecture, which could take as long as five years.

https://www.carexpert.com.au/car-news/toyota-to-reboot-ev-plans-delaying-some-models-report

New vehicle sales in China surged 26% to 2,610,000 units in September 2022 from 2,067,000 units in the same month of last year, according to passenger car and commercial vehicle wholesale data from the China Association of Automobile Manufacturers (CAAM).

Sales last month continued to rebound strongly after strict lockdowns were imposed on major cities across the country in the first half of the year under the government’s zero covid policy. Supply chain bottlenecks continued to ease last month with strong pent up demand continuing to drive up sales.

The government reduced the vehicle purchase tax by 50% in June, to 5% from 10%, until the end of the year on fuel efficient passenger vehicles costing up to CNY300,000 (US$45,000) and with engines no larger than two litres. This is providing an additional lift to the market, along with other economic stimulus measures introduced by central government in recent months.

Vehicle sales in the first nine months of 2022 were up 4% at 19,470,000 units from 18,623,000 units a year earlier, despite volume plunging in the second quarter due to widespread Covid lockdowns.

Passenger vehicle sales increased 14% to 16,986,000 units YTD, driven mainly by surging new energy vehicle (NEV) sales, while commercial vehicle sales plunged 34% to 2,484,000 units.

https://www.just-auto.com/news/china-sales-rebound-in-september/?utm_source=pardot&utm_medium=email&utm_campaign=daily_newsletter

Rivian is looking to the future beyond simply building trucks and vans, with founder RJ Scaringe highlighting the company's focus on driver assistance technologies.

Speaking at the recent TechCrunch Disrupt event, Scaringe noted that the current state of play has autonomous vehicles split into two categories. The Rivian CEO delineated so-called "hardware-heavy systems" which rely on expensive, top-tier sensor packages and computing systems worth hundreds of thousands of dollars. These vehicles aim at full autonomy, often going sans steering wheel. Think vehicles like Cruise's self-driving taxis, with hundreds of thousands of dollars of hardware sprouting from the roof.

In contrast, there are "hardware-constrained" systems, that make do with simpler, cheaper sensors and less computing power. These are what we typically think of as advanced driver assistance systems (ADAS) today, like GM's SuperCruise and Honda's Sensing Elite. In some cases, these systems allow the driver to take their hands off the wheel, and even stop paying attention to the road. However, the human driver generally needs to be ready to step in if the system requests it.

https://www.thedrive.com/news/rivian-wants-to-focus-on-driver-assists-before-full-autonomy-says-ceo

SAN DIEGO – October 19, 2022 - Qualcomm Incorporated (NASDAQ: QCOM) today announced that it will publish the Company’s financial results for its fourth quarter and fiscal 2022 on Wednesday, November 2, 2022, after the close of the market on the Company’s Investor Relations website, at https://investor.qualcomm.com/financial-information. The earnings release will also be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K, which will be available on the SEC website at http://www.sec.gov.

Qualcomm will host a conference call to discuss its fourth quarter and fiscal 2022 results which will be broadcast live on November 2, 2022, beginning at 1:45 p.m. Pacific Time (PT) at https://investor.qualcomm.com/news-events/events. An audio replay will be available at https://investor.qualcomm.com/news-events/events

According to a report to Automotive News by people familiar with the matter, General Motors is considering adding a mid-size electric pickup to the lineup of its GMC sub-brand Hummer. This could satisfy demand for lower-emission cars while preparing Hummer for a comeback in Europe. The current Hummer is simply too big for local conditions.

https://www.topspeed.com/a-midsize-gmc-hummer-pickup-could-create-a-new-niche/