Member Info for terrym

Good to See DMS getting some nice coverage

https://www.washingtonpost.com/lifestyle/car-tech-to-guard-against-distracted-driving/2020/04/29/94523722-8a1c-11ea-80df-d24b35a568ae_story.html

Distracted driving puts not only drivers on the road at risk but also passengers, cyclists and pedestrians. In 2018, it led to the deaths of 2,841 people, according to the most current data from the National Highway Traffic Safety Administration.

Holding a phone and texting are two of the most common causes, but eating, changing the radio, or anything else that causes you to lose focus on the task of driving can also be considered a distraction. The problem is so widespread that NHTSA and the Centers for Disease Control have addressed the issue on their websites.

Automakers and technology companies are coming out with features aimed at reducing injuries and deaths related to distracted driving. Edmunds experts have selected five new car technologies designed to reduce distraction and help make you a safer driver.

DRIVER MONITORING SYSTEMS

This is one of the latest technologies to start appearing in cars. BMW, Subaru and other automakers have installed cameras and sensors inside vehicles that use facial recognition technology to identify signs of driver distraction or fatigue. Some can measure head and eye movements to make sure your eyes are up and on the road ahead. The car will then notify you to pay more attention if necessary.

For cars with advanced cruise control systems, there are sensors to make sure your hands are still on the steering wheel and cameras watching your face. Some systems will put the control back in your hands if you start to look down at your phone or don’t keep your hands on the wheel.

A slightly older variation of this tech are the drowsiness meters found on vehicles from Honda, Mercedes-Benz and Volvo. These systems use steering inputs to determine whether a driver is getting sleepy. Notifications often take the form of a coffee cup in the in-dash digital display to suggest the driver stop for a break. These systems won’t steer the car or lock out controls, but they can serve as a reminder to pay more attention. More advanced systems can link to a car’s navigation and suggest rest stops along the route.

https://www.nytimes.com/aponline/2020/04/29/business/bc-us-behind-the-wheel-distracted-driving.html

Morg

Must be some resistance as 45 mins ish earlier £209 went through at 2.21p and then 2.5 mil goes at 2.2p.
The 1.2 mil popped back up at 5.07pm after disappearing at mid price so prob a buy

Just patiently waiting for next RNS i guess for me.

There was another one popped up mid price 2.225 1.2 million trade, presume buy but gone again now.

And another 500k Buy at 2.25 p at 4.49 pm

Robbie
The F150 is almost a business on its own, says might?

I would think your cashcow might be one of the things that isnt delayed to keep revenue coming in.

I filed Smokey in my little book of idiots under the letter W.

I suggest everyone does the same :)

Like most businesses in the World the airline industry has been hit very hard. US bailed out the industry for $75 Billion.

I know you like playing the grim reaper but your forgetting that commercial cargo & Military are still running.

Half the passenger jets carried cargo daily, so now airlines are busy converting passenger to cargo ones to use over the period.

Bet your great fun to be out with ;)

Driving distractions are on the rise
81% are concerned that distractions are on the rise.
Top five distractions for commercial drivers are drinking liquids, events outside the vehicle, looking at a GPS device, adjusting the in-vehicle audio, and adjusting vehicle controls.
Social media and surfing the net is the most severe distraction, with 71% of commercial drivers finding it distracting.
Video and FaceTime chatting while driving is considered the second most severe distraction, with 68% of commercial drivers finding it distracting.
22% of commercial drivers have been injured in a distracted driving incident.

https://www.truckinginfo.com/356237/survey-finds-81-of-commercial-drivers-see-rise-in-distracted-driving

I hope the UK Fleet sales team are using this in their sales pitch. Longer driving = more distracted driving

Guidance
Temporary relaxation of the enforcement of the EU and GB drivers’ hours rules: all sectors carriage of goods by road
Updated 17 April 2020

https://www.gov.uk/government/publications/temporary-relaxation-of-the-enforcement-of-the-drivers-hours-rules-all-sectors-carriage-of-goods-by-road/temporary-relaxation-of-the-enforcement-of-the-eu-and-gb-drivers-hours-rules-all-sectors-carriage-of-goods-by-road

Cheers Beefcake
So i see they raised the threshold from A$50 million to $500 million T/O Companies from 12th March.
Changes from 12 March 2020
From 12 March 2020 until 30 June 2020 the instant asset write-off:
threshold amount for each asset is $150,000 (up from $30,000)
eligibility has been expanded to cover businesses with an aggregated turnover of less than $500 million (up from $50 million).

11 Weeks to get those units ordered & installed.

Imagine with all this crap going on Fleet still managed to hit target or nearly hit it.

Yes the whole markets took a battering today, nearly all on my watchlist (97% red) were down 5-20% today.

With most selling today it would be a great time for some news as money waiting to be invested.

Heres hoping :)

Several companies that may be worth your attention are driver monitoring systems business Seeing Machines, telematics companies Trakm8 and Quartix, and cyber security firm NCC.

But even without investing in industry disruptors, you could still build a diversified portfolio with car links. Companies in the value chain would include vehicle manufacturers and suppliers, insurers, retailers, and tyre manufacturers.

https://www.google.co.uk/amp/s/uk.finance.yahoo.com/amphtml/news/car-industry-ftse-shares-d-092707773.html

https://www.seeingmachines.com/blog/2020/04/09/guardian-is-the-greatest-thing-ive-seen-in-my-59-years-in-the-industry/

good to see on SEE already
https://www.seeingmachines.com/blog/2020/04/09/guardian-is-the-greatest-thing-ive-seen-in-my-59-years-in-the-industry/

https://simplywall.st/stocks/gb/tech/aim-see/seeing-machines-shares/news/how-many-seeing-machines-limited-lonsee-shares-do-institutions-own/

I dont think you will ever read such a great quote, endorsing your product from one of your customers. Highly regarded in the industry.
"Ron Finemore Transport is one of the leading freight companies in Australia and places a strong focus on safety, fuel economy and reduced emissions, as well as the comfort of its drivers,"

said Daimler Truck and Bus Managing Director, Daniel Whitehead.

P2

When it comes to passenger vehicles, only Cadillac CT6 (powered by Seeing Machines), Audi A8, Subaru Forester, Nissan Skyline, and a few BMW models currently offer the technology. Considering upcoming regulation and OEM announcements, ABI Research predicts that shipments of DMS will increase from 0.05 million in 2019 to 18.9 million in 2022, and reach 82.9 million in 2030. Europe is anticipated to have the highest DMS revenue opportunity until 2026, reaching almost US$10 million in 2020 and US$487 million in 2022. Asia-Pacific has the second-highest revenue opportunity in 2020, U$$2 million, and it is predicted to become the most profitable market from 2027, reaching close to US$100 million in 2030.

The use of aftermarket DMS in commercial vehicles, especially truck fleets, is relatively well established. Demand has been driven by a desire to reduce the costs associated with driver-error accidents and consequent cargo loss and scheduled downtime. ABI Research anticipates global shipments of aftermarket DMS within this vertical to reach 2.2 million units in 2020. Asia-Pacific alone will be responsible for 75% of these shipments in 2020, reaching 1.6 million sales. "The substantial demand in the region is motivated by the belief that Chinese and Japanese authorities will enforce the wider use of DMS in commercial trucks following recent accidents caused by driver distraction," Bezerra explains. Meanwhile, the European market will experience substantial revenue growth of nearly 6,000% between 2019 and 2022, also due to legislation that will make DMS a standard feature in new trucks, vans, and buses from 2022.

LONDON, April 9, 2020 /PRNewswire/ -- Driver monitoring system (DMS) revenue from embedded units installed in private vehicles is on track to outgrow aftermarket DMS revenues in the commercial vehicles vertical in 2024 and reach US$1.8 billion by 2030. The revenue boost will be led by the Euro NCAP standards and the European Commission (EC) regulation that mandates the technology from 2022, as well as the U.S. National Transportation Safety Board (NTSB) notice recommending the use of DMS in semi-autonomous cars. By 2022, 19 million DMS shipments will generate US$502 million in revenues, according to global tech market advisory firm, ABI Research.

More than 1.25 million people are killed annually in road accidents; 95% of the cases are caused by human error. DMS regulatory mandates are in place to substantially reduce driver errors caused by distraction and drowsiness . "Despite the upcoming regulation, apart from GM, no other OEM has yet announced significant DMS mass-deployment," states Maite Bezerra, Smart Mobility Analyst with ABI Research. With the looming deadline, DMS software suppliers with higher experience within the commercial vehicle aftermarket, such as Seeing Machines, Eyesight, SmartDrive and FotoNation (a subsidiary of Xperi), will be best positioned to help OEMs to meet the European Commission basic requirements at minimal costs. "Thus, DMS providers must map a short-term strategy to meet the expected ascending demand and develop low-cost NCAP and EC tailored solutions for mass-market OEMs."

When it comes to passenger vehicles, only Cadillac CT6 (powered by Seeing Machines), Audi A8, Subaru Forester, Nissan Skyline, and a few BMW models currently offer the technology. Considering upcoming regulation and OEM announcements, ABI Research predicts that shipments of DMS will increase from 0.05 million in 2019 to 18.9 million in 2022, and reach 82.9 million in 2030. Europe is anticipated to have the highest DMS revenue opportunity until 2026, reaching almost US$10 million in 2020 and US$487 million in 2022. Asia-Pacific has the second-highest revenue opportunity in 2020, U$$2 million, and it is predicted to become the most profitable market from 2027, reaching close to US$100 million in 2030.

https://markets.businessinsider.com/news/stocks/euro-ncap-and-eu-regulation-to-drive-19-million-dms-shipments-and-us-502-million-in-revenues-by-2022-1029078805

‘This is the greatest thing I’ve seen in my 59 years in the industry. It proves what I’ve been saying to anybody who will listen for
the last 40 years’

https://specialreports.theaustralian.com.au/1815250/technology-tells-could-save-lives/