SaverOne 2014 Ltd (SVRE)

[stockforce]

This is HUGE!! Read this directly from European Commision website: Road safety – advanced driver distraction warning systems. "Under the General Vehicle Safety Regulation, all new types of vehicles must be fitted with an advanced driver distraction warning system from mid-2024. The system monitors primarily driver eye movements and warns drivers when distracted. This will help reduce accidents on EU roads.

This initiative sets out the specific test procedures and technical requirements for the approval of vehicles fitted with this system."
WOW, "all new types of vehicles must be fitted with an advanced driver distraction warning system from mid-2024". That means all EU OEM car manufactures have to install "Dirver Distraction Warning System"!!!!!!!

https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/13740-Road-safety-advanced-driver-distraction-warning-systems_en

IVECO invests ONE BILLION euro to renew its entire range (also electric) ahead of a 2024, which will be marked by the entry into force of the "General Safety Regulation" in EU (see above).

This is an unbelievably HUGE regulation for SaverOne. EU requires all NEW cars to be installed with Driver Distraction Warning System in 2024.

Fabrizio Conicella, Head of Digital & Advanced Technologies, Iveco Group, added, "Our upcoming collaboration with SaverOne is a clear indication of our commitment to pioneering safety measures in the trucking industry. The integration of their innovative technology into our trucks is a further step in enhancing road safety by minimizing driver distraction. We believe that SaverOne's technology will complement our existing solutions such as the vocal driver assistant, safety driver index and collision reports."

To make this whole deal with IVECO even better, read this: IVECO invests ONE BILLION euros to renew its entire range (also electric) ahead of a 2024, which will be marked by the entry into force of the General Safety Regulation in EU. More specifically, IVECO's Safety System is one of the four major areas to be upgraded with ONE BILLION euros.

"Safety remains a priority as well. Various Advanced Driver Assistance Systems (ADAS) – such as a blind spot warning information system, driver drowsiness attention warning and traffic jam assist – have been incorporated in the new range to enhance safety in and around the vehicle, extending beyond regulatory requirements, with protection for vulnerable road users."

Look what SaverOne's CEO said about their products for ADAS and protection for vulnerable road users. Ori Gilboa, CEO of SaverOne, commented,"We consider this a testament to IVECO's confidence in our cutting-edge DDPS technology and safety solution. In addition, we are exploring further opportunities with IVECO, such as including our VRUP (Vulnerable Road User Protection) solution, with the aim of creating a safer driving environment across broader vehicle types. We look forward to potentially launching our work with them later this year, leveraging our expertise and their strong competitive positioning to revolutionize safety standards in the trucking industry."

Their VRUP products aligns exactly well with IVECO's one billion dollar investment, including upgrading their current Advanced Driver Assistance Systems, for protection of Vulnerable Road Users.

https://saver.one/adas-sensor-solution/

https://www.sustainabletruckvan.com/iveco-electric-range-model-year-2024/

When news drop that SaverOne DDPS is being installed on IVECO's new trucks, and with VRUP products, this agreement will generate revenue worth tens of millions of dollars, and even more. The news can drop any day in Decemember!!!

https://www.prnewswire.com/il/news-releases/saverone-and-iveco-plan-to-advance-collaboration-later-this-year-301865665.html