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$22.56 -0.4  -1.9%

Sector
Size
Small Cap
Market Cap £187.2m
Enterprise Value £685.5m
Revenue £401.3m
Position in Universe th / 6395

LIVE MARKETS U.S.-Automotive tech: Connecting the mobility dots

* Major U.S. indexes slightly positive; Nasdaq out front * Majority of S&P sectors rise; energy leading gainer * U.S. 10-Year Treasury yield slips; dollar dips June 17 - Welcome to the home for real-time coverage of U.S. equity markets brought to you by Reuters stocks reporters and anchored today by Chuck Mikolajczak. Reach him on Messenger to share your thoughts on market moves: charles.mikolajczak.thomsonreuters.com@reuters.net AUTOMOTIVE TECH: CONNECTING THE MOBILITY DOTS (1217 EDT/1617 GMT) David Kelley, Equity Analyst at Jefferies, is out with a note with his thoughts from the recent Jefferies 2019 Mobility Technology Conference in Israel, specifically discussing themes in auto tech and connected mobility. Kelley says that vehicle data monetization is a largely underpenetrated opportunity, and that although fully-autonomous hype has subsided, incremental advanced driver-assistance systems (ADAS) and semi-autonomous opportunities remain immense. Indeed, data demands will need to be addressed. Kelley notes that vehicles generate approximately 20-25 gigabytes of data per hour today, while fully autonomous vehicles could produce as much as 2-3 terabytes per hour. Additionally, the insurance industry was widely acknowledged as the largest vehicle data consumer today, and their vehicle data spend ramp is likely still in the early stages given global usage based insurance penetration is currently just 1.5%. Kelley says autonomous rollout will likely be skewed to semi-autonomous at the consumer level and trucking, geofenced urban ride hail & shuttles at the commercial fully autonomous level. Given interaction between driver and vehicle in semi-autonomous, Kelley says conference participants noted growing demand for in-vehicle sensor technology such as cameras & steering grip sensors on top of exterior sensor hardware, underlying software, and architecture advancements. Separately, the top holdings in the KraneShares Electric Vehicles and Future Mobility ETF KARS.P at the end of May include: Ford F.N , Texas Instruments TXN.O and Alphabet GOOGL.O . The ETF topped in April and is now underperforming the S&P 500 .SPX on a year-to-date basis: (Terence Gabriel) ***** For Monday's U.S. Live Markets posts prior to 1200 EDT/1600 GMT - click here: urn:newsml:reuters.com:*:nL2N23O0O5 <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ KARSSPX06172019 https://tmsnrt.rs/2IkWD4a ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
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