Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 52

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 4
Chunk 52
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 of the vehicle. We are currently working with one of the leading global OEMs in order to have the
SaverOne technology integrated into vehicles during the manufacturing process. The OEM solution is in the early stage of development,
and we expect to launch it during the second half of 2025. Since the development of our OEM solution is still in an early stage, it is
too early to estimate the cost of development.

In the past several years, we believe that public awareness and demand
for driver safety technologies have grown substantially. While there are currently many driver-assistant products on the market, we believe
that the safety of drivers will be substantially improved with our technology. Our mission is to enhance driver safety by providing a
solution that is highly reliable and able to prevent certain driver distractions related to mobile phone usage while driving, which we
believe is a major cause for driver distraction related to automobile accidents. Mobile phone distracted driving is a leading cause of
traffic accidents in the United States. According to a survey done by the NHTSA, 660,000 drivers in the United States attempt to use their
mobile phones while driving at any given moment. The National Safety Council, or NSC reports that mobile phone use during driving causes
approximately 1.6 million traffic accidents annually in the United States alone, leading to the death of approximately 4,600 people and
injuring an additional 391,000 people. Moreover, the Federal Motor Carrier Safety Administration, or FMCSA, reported that 71% of commercially
driven large-truck crashes occurred because of driver distraction.

Distracted
driving due to mobile phone usage is not just a problem in the United States. A number of surveys conducted across Europe and Oceania
have revealed troubling statistics about its prevalence across nations. In the Czech Republic, 36% of drivers admitted to using their
phone almost every time they get behind the wheel. In both Spain and Ireland, 25% of drivers admitted to using their phone while driving.
In Germany, at any given moment an average of 7% of all drivers are distracted while driving. This problem of distracted driving extends
to Australia as well, where one-quarter of drivers admitted to using their phone while driving.

As
of the second quarter of 2024, there were an estimated 291 million cars and trucks on the road in the United States and approximately
345 million cars and trucks on the road in Europe. In addition, it is estimated that approximately 77 million