Member Info for terrym

No2 on the list of Best Selling Trucks Of 2023

Ford F-Series: 750,789

Chevrolet Silverado: 555,148

Ram Trucks: 444,926

GMC Sierra: 295,737

Toyota Tacoma: 234,768

Toyota Tundra: 125,185

Ford Maverick: 94,058

Chevrolet Colorado: 71,081

Nissan Frontier: 58,135

Jeep Gladiator: 55,188

Honda Ridgeline: 52,001

Hyundai Santa Cruz: 36,675

Ford Ranger: 32,334

GMC Canyon: 22,458

Rivian R1T: 19,410

Nissan Titan: 19,189

Hummer EV: 3,244

Tesla Cybertruck: TBD

Another SOP with SEE starting

The fully loaded Silverado EV First Edition RST comes standard with four-wheel steering, adaptive air suspension, a Multi-Flex Midgate that can be folded to expand the truck’s cargo capacity while keeping the rear seating in place, a 17-inch infotainment screen paired with an 11-inch digital instrument cluster and a color driver head-up display, and GM’s Super Cruise advanced driver assistance system that also works while trailering. The EV can also export up to 10.2 kW of power through its 10 outlets.

2023 4,441 4,441 4,441 4,718 4,718 4,718 4,340 4,340 4,340 4,257 4,257 4,257 53,266

https://insideevs.com/news/719545/2024-chevrolet-silverado-rst-production-start/

The US government has announced wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%.

Rumors were first reported last week that tariffs on Chinese-made goods would be extended and expanded after a multi-year review of “section 301 tariffs” that had been implemented under the previous administration.

Previously, all cars made in China were subject to a 25% tariff when imported to the US, on top of an additional 2.5% tariff that all foreign-made cars were subject to, totaling 27.5%. This large tariff has had the effect of excluding most Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first.

Modest

When you think bmw make 7000 + per day on their own it shows it’s only just starting.

Next 3/4 TPIs should really start to grow in Auto and fleet

We’re kicking off InCabin USA on Tuesday, May 21 at Huntington Place with a roundtable discussion where Matthew Parker, PMP, Interior Cabin Sensor Product Line and Project Team Lead, will lead a discussion on the strategies linked to optimizing occupant vital signs for enhanced vehicle performance. We look forward to seeing you there! #AutoSens #InCabin #InteriorCabinSensor 

Wonder if have BDMS?

Cruise, General Motors’ autonomous driving technology subsidiary, will start taking its self-driving vehicles out on public roads again this week. The company had stopped testing last October following an incident in San Francisco in which a pedestrian was badly injured.

Cruise’s vehicles will begin driving again in Phoenix, Arizona, but with a “safety driver” at the wheel of the modified Chevrolet Bolt EVs. The vehicles will still mostly drive themselves but a person will be in the driver’s seat ready to take control if needed, such as in an emergency.

https://finance.yahoo.com/news/gm-self-driving-car-unit-194425543.html

To achieve the vision of the uncrashable car, automakers will need to enhance driver safety features and realize higher levels of automated driving. This will require an increase in automotive semiconductors to support multi-modal sensing, real-time perception and data processing, and a distributed intelligence #ADAS approach.

According to an ABI Research report, 69% of all new passenger vehicle sales will have an SAE driving automation level of 2+ or higher by 2030. The report explores a scalable approach to ADAS and the broad spectrum of applications that will support drivers to drive more safely, take on specific tasks on the driver's behalf, or automate the driving process.

Read on to learn more: https://lnkd.in/gXjxKuah

Baxter

Aim had some stick recently as a market. Sooner we get on a decent platform the better.

AIM hit by further fall in average value of daily trading - liquidity drops 15.4% in past year

Companies listed on the UK’s Alternative Investment Market (AIM) have seen the average value of the daily trading of shares fall 15% to just £248,990 in 2023/24 down from £294,300 in the previous year.

Colin Wright, UHY UK Group Chairman and Partner, says the decrease in liquidity of AIM is partly being driven by UK investors increasingly trading in overseas companies, especially tech stocks such as Nvidia and other members of the “Magnificent Seven”.

AIM has also suffered from the broader drop in liquidity that followed the Covid period peak in stock market trading. That reduction in trading volumes has impacted major stock markets across the US and Europe*.

"Whilst AIM remains a key trading platform for many investors, the recent drop in its liquidity shows that more needs to be done to help keep UK stock markets as attractive trading and investing venues."

Markets benefit from high liquidity as it should allow investors to trade stocks without having an outsized impact on the price of that stock. As a result, institutional investors can build up a substantial holding in a company over time or exit a position without causing a big fluctuation in a company’s share price.

As high liquidity is attractive to investors, investment-grade companies are more likely to be encouraged to list on a market with high liquidity. Adding more of these companies would help further improve AIM’s reputation amongst institutional investors.

The average value of the daily trading of AIM has fallen by 44% from a recent high of £442,996 in 2021/22 (year end 28 February). This fall has partly been driven by a drop in the share prices and share trading of some of AIM’s flagship companies, such as Boohoo and Fever Tree. The share price of online fashion retailer Boohoo fell by 89%, from £337.50 to £35.99, whilst the share price of drinks manufacturer Fever Tree fell by 47%, from £2,260 to £1,197.

In recent weeks, the lack of AIM liquidity has also been cited by companies announcing their intention to delist from the market. This impacts companies as low liquidity means their share price can become more volatile, making it more difficult to raise finance on AIM.

https://www.uhy-uk.com/insights/aim-hit-further-fall-average-value-daily-trading-liquidity-drops-154-past-year

Only showing 3.9m total trades on HL so as usual it just drifts and news is forgotten.

Not sellers just SEE and Aim. Very normal here iam afraid.

W could announce a $500m contract and a week later Mr Market forgotton it agin. Very frustrating!!!!!

Uk must start ramping up soon in fleet.

To comply with EU regulations, operators are recommended to adopt a Driver Monitoring System (DMS), which uses advanced cameras and sensors to monitor the driver’s behaviour, awareness and general state during an entire journey. By detecting signs of distraction, impairment or fatigue, drivers will be alerted in real-time – visually, auditorily or both – prompting them to take action to eliminate any potential hazards.

DMS technology consists of driver-facing cameras with advanced facial recognition to track the movement of drivers’ eyes and heads, detecting signs of drowsiness and sensing when drivers take their eyes off the road or hands off the wheel. By monitoring blinking patterns, eye closure duration, yawning and head movements, this analysis helps to determine when driver intervention is required or if an alert is needed to bring the driver’s attention back to the road.

Object detection also recognises objects in real-time, including other vehicles, pedestrians, traffic signs and road markings, monitoring when the distance of these objects fall below the set threshold – all to avoid potential road collisions.

From the 150,000 HGVs that enter London every year, to over three million HGVs travelling to Europe from Great Britain annually, most HGVs travelling across the EU will be affected by these guidelines to some extent. Operators should proactively research these measures to ensure safer driving practices, supporting aims to mitigate road user fatalities and reach Vision Zero across the UK and Europe, failing to do so could be a costly mistake.

https://www.fleetpoint.org/fleet-management-2/new-eu-regulations-to-enforce-hgv-safe-driving-practices/

Since 2021, Caterpillar fatigue management system units running globally have increased 80%. This includes use in both mining fleets and support equipment such as light vehicles, mobile maintenance vehicles and buses that are also being used on mine properties. And this support equipment part of the market is really a big focus now. Support equipment vehicles are equipped with a similar solution from the MineStar Detect portfolio for light vehicle applications called Guardian 2 which was initially designed for fatigue and distraction monitoring in off-highway vehicles.”

So the MineStar DSS footprint continues to grow. But the solution is not standing still – McGinnis told IM: “Today’s offering, what we call DSS 5.0, which is deploying in the market now, has some fairly significant upgrades to the underlying algorithms that relate to head position tracking, eye closure tracking and facial recognition. This is backed up by an improved camera that has enhanced granularity particularly in relation to the eye tracking.”

McGinnis also gave some insight into how much better and smarter the camera systems are becoming. “Today we can detect if an eye closure is just due to dryness or itching for example, as opposed to an unplanned or uncontrolled eye closure related to fatigue.”

He adds on the market itself: “A lot of the focus now is not just on support equipment but also the mid-tier miners – including industrial minerals operations and quarries with smaller fleets and smaller classes of machines. Their operators still get tired – it is just that the first wave of fatigue management system deployment – not just from us but from other players – was in the large mines, most of which now have some kind of system installed, whether predictive or reactive or both.”

After ships hitting bridges Iam sure operators are looking at lots of safety systems for the future....

Interesting what Colin said. Wonder how many units are in intial order? I presume mixture of demand and wanting to get rid of Gen 2 stock 1st. Be interesting see what happens with Aug TPIs but the November TPIs should be juicy with OEMs buying on top of Fleets.

Initial deliveries for Gen. 3 will be to meet "after manufacture" supply for European truck makers. This is where the truck is made as it rolls down the assembly line, with specialist hardware added at the end of production but before leaving the factory. Firstly this will be to comply with #GSR guidelines for drowsy driving, but later comes detection for distraction. Evidently there are also new protocols about to be introduced by Euro NCAP which European trucks will need to comply with. We will know more next week, but it follows that a slew of contracts will follow from truck makers once the tests are published and requirements are known.

Seeing Machines has offered Guardian for almost a decade, typically to detect #distracted and #drowsy driving and provide real-time alerts. What looks new in Gen. 3 is the ability for Seeing Machines to update the #algorithms over the air #OTA via the 4G modem. This way the product can be upgraded with through-life updates, as new features are developed or as new requirements come into force (for GSR or Euro NCAP). This business model of continuous updates would serve to future-proof the initial outlay of the cost of the hardware by the fleet operator, and appears more flexible than embedding the #driver #monitoring #system into the truck, such as in the instrument cluster or on the steering column as seen in the automotive sector.

Colins post

Initial deliveries for Gen. 3 will be to meet "after manufacture" supply for European truck makers. This is where the truck is made as it rolls down the assembly line, with specialist hardware added at the end of production but before leaving the factory. Firstly this will be to comply with #GSR guidelines for drowsy driving, but later comes detection for distraction. Evidently there are also new protocols about to be introduced by Euro NCAP which European trucks will need to comply with. We will know more next week, but it follows that a slew of contracts will follow from truck makers once the tests are published and requirements are known.

Seeing Machines has offered Guardian for almost a decade, typically to detect #distracted and #drowsy driving and provide real-time alerts. What looks new in Gen. 3 is the ability for Seeing Machines to update the #algorithms over the air #OTA via the 4G modem. This way the product can be upgraded with through-life updates, as new features are developed or as new requirements come into force (for GSR or Euro NCAP). This business model of continuous updates would serve to future-proof the initial outlay of the cost of the hardware by the fleet operator, and appears more flexible than embedding the #driver #monitoring #system into the truck, such as in the instrument cluster or on the steering column as seen in the automotive sector.

As part of its new Truck Safe rating scheme, Euro NCAP has stated it wants all truck manufacturers to fit #AEB systems that can not only detect crossing pedestrians but also cyclists and even eScooter riders. So what is new is that Euro NCAP has increased its focus on #safety systems installed in trucks. We will know next week exactly what they are looking for in terms of monitoring distraction, drowsiness, and perhaps even #impaired driving. Safety agencies and regulators around the world should keep watch.

For institutional investors, family offices, and others seeking an expert third-party source to understand trends in the #DMS, #CMS and #OMS market, I can be booked for telephone-based consultancy via GLG, Guidepoint, and Third Bridge Group Limited. Just ask for me by name.

Brock

The market will always have its cheap, basic suppliers and maybe 50-90% Will use it but iam sure that loophole will get smaller with legislation and protocols being introduced.

Geotab has a rich 23-year history, and achieved a 3 million subscription milestone in 2022. In just over one year, the company added 1 million subscriptions in 2023, reflecting the growing demand for data intelligence to support fleet modernization and management.

Shows how big the market is.

10k PA could go to 20,30,40,50 or even 100k + PA

Euro NCAP - For Safer Cars, Vans & Trucks new #TruckSafe testing protocols will be released on Wednesday May 15. With great timing, Seeing Machines has announced its next-generation aftermarket Guardian Gen. 3 has started production. Seen in the picture, this product integrates the IR optical path, vision processor, and #4G modem all into a 1-box solution. That is an extraordinary feat of engineering, which balances the conflicts of small size (to not impede driver's view) with enough space to dissipate the heat of the active components. Intriguingly, Seeing Machines has used Ambarella Inc’s CV25 #AI #SoC for the processor. Ambarella is not often thought of as a supplier of #automotive processors, but has clearly won here over more established suppliers such TI, Renesas and NXP.

I doubt CFP would buy his Mrs Flowers on Valentines so buying 1.5m shares would mean the Worlds gone mad.

Wheres he hiding anyway? Prob a Man Utd fan aswell :)

Brock

Sensible write up there.

Whats allowed for in Fleet in that equation? I can see Gen3 doubling in Calender year 25 if not more? With legislation who knows the size of fleet in both aftermarket and factory fitted. Until we see the next 3 TPIs cant see where fleet going.

Even if only stayed the same with only current 5% qtr on qtr growth that would be over 110,000 units connected by 2028.

Even at $30 month with hardware sales every month theres probably a $40-$50m business there.

Should be alot more clearer by Jan 2025....

BMW invited dealers in the US at a two-day event in Las Vegas last week at the Aria Resort & Casino. It’s where retailers saw the next-generation X3 and X5 (with its X-shaped lights), not to mention the M5 Touring. However, the product onslaught is far more significant since nearly 40 facelifted and next-generation models are coming by 2030.

AN reports dealers were happy with what BMW was willing to share, mentioning the meetings with company representatives were “upbeat and positive.” CEO Oliver Zipse was allegedly at those meetings, along with sales chief Jochen Goller and CTO Frank Weber. BMW reportedly asked Snoop Dogg to perform and keep the guests entertained during those two busy days.

One dealer went as far as to say the “product is just unreal.” They added the upcoming EVs should have competitors such as Tesla worried because the “electric stuff is outrageous.”

https://www.bmwblog.com/2024/04/10/bmw-usa-tells-dealers-nearly-40-new-cars-coming-2030/

Can who ever stole Baxter’s phone please give it back as I keep thinking Iam on the wrong page when see Baxter and positive comments lol

Iam sure with a bit more news and 1 or 2 decent TPIs the SP will wake up.

August TPIs and results and forecast is the next big thing but we need regular news to stop it drifting south. Seen it so many times it’s like snakes & ladders. The past news is quickly forgotten with SEE.

Even Sifel has been re-iterating 15p since fleet was prob 40,000 units & auto booked business prob $300m. Will they be still re-iterating when auto $600m and fleet 80,000 connections?

Seize

Hopefully next 4 months on a upward trend. We could really do with

1. 1 or 2 bits news every month as we know this always drifts down not up :(

2. Good TPIs in August to end of June

3. Good results announced in August upto end June

4. Positive forward forecast in Aug for FY25

5. Some Aviation and Fleet wins/news etc

Us long term holders really deserve this to fly one day but be over 10p by August as a starter....