Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 64

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 4
Chunk 64
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 to gain further traction in the North American market. While we recently signed an agreement with a strategic
OEM in the North America, we are also actively seeking opportunities for various pilot projects in North America as part of our “land
and expand” strategy with our goal of expanding sales to cover entire fleets following the successful pilot completion. Below are
a few of our recent highlights in our North American expansion efforts:

  In February 2024, we announced                                                                                                      
  that we had launched a new pilot project in the United States with Motor Supply, Inc., a trucking company based in Columbia, South  
  Carolina that is focusing on leveraging the latest technology to efficiently transport goods across the United States. The initial  
  pilot will take place on Motor Supply’s fleet of sixteen trucks and is expected to run over a period of 12 months.                  
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  In March 2024, we announced                                                                                                                
  that we entered into an OEM agreement with Volvo Bus Corporation, a subsidiary of the global automotive company, Volvo Group, to           
  install our DDPS in new Volvo buses that are manufactured for the Mexican market. Our DDPS will be integrated into Volvo’s                 
  assembly line. In addition, the OEM agreement also allows for a retrofit of existing buses covered under Volvo’s maintenance               
  agreement, which will install our DDPS as an aftermarket installation. The OEM agreement further provides Volvo with two years of          
  exclusivity in the OEM market in Mexico and that Volvo bus customers will receive twelve months of service and support from us. Following  
  such period, Volvo bus customers will be able to receive our comprehensive service package for an on-going monthly fee that we plan        
  to offer as a software-as-a-service (SaaS) model.                                                                                          
  In                                                                                                                                         
  September 2024, we announced the launch of four new pilot projects with customers of Volvo Buses Mexico, a subsidiary of the major         
  Swedish vehicle maker Volvo Group, is one of the world’s largest bus manufacturers, This follows the OEM agreement signed with             
  Volvo Group in March 2024, which allows for the SaverOne Safety Solution to be pre-installed following integration into Volvo’s            
  assembly line as well as an aftermarket retrofit installation. The pilots cover a total of 20 buses which will be retrofitted with         
  SaverOne’s innovative technology, which is designed to actively prevent bus drivers from being distracted by