- SaverOne 2014 (NASDAQ:SVRE) has signed an OEM agreement with IVECO, the brand of Iveco Group that designs, manufactures and markets light, medium and heavy commercial vehicles.
- The agreement seals the collaboration to develop a solution to prevent driver distraction from cellphone use.
- The OEM agreement covers the integration of SaverOne’s safety technology within IVECO’s vehicles through their manufacturing line.
- Future further evolutions, may include the integration of SaverOne’s mobile app with IVECO’s mobile app, and SaverOne’s hardware and software within IVECO’s assembly line.
- IVECO and SaverOne will also collaborate within their service centers to offer comprehensive support for drivers that use this technology.
- SVRE +11.2% premarket to $1.37.
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