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On April 30, Neusoft Reach Automotive Technology (Shanghai) Co., Ltd., and Ambarella, Inc. announced a strategic partnership at the Beijing Auto Show in areas such as automotive software, autonomous driving technology, electrification, and AI system-on-chip (SoC) products. 

Neusoft Reach is utilizing Ambarella’s CVflow portfolio of AI SoCs with the independently developed Neusoft Reach neural network algorithms. These collaborations not only facilitate the implementation of intelligent driving functions at level L2 and above but also include solid provisions for the iterative upgrade of safety in intelligent vehicles.

Neusoft Reach is closely collaborating with Ambarella on a new generation of high-performance AI domain control solutions, actively advancing the joint development and cooperation with Ambarella’s latest family of AI SoCs in the field of intelligent driving. 

This cooperation will further optimize the performance and efficiency of current intelligent driving systems, and Neusoft Reach and Ambarella’s shared “algorithm-first” philosophy is being fully practiced and validated in this process.

Based on Ambarella, Inc. press release 

On April 26, Connected Vehicle Systems Alliance (COVESA) welcomed Contemporary Amperex Technology Co., Limited (CATL) to the COVESA community.

The Connected Vehicle Systems Alliance (COVESA), formerly known as the GENIVI Alliance, is a global, member-driven alliance focused on the development of open standards and technologies.

COVESA is the only alliance focused solely on developing open standards and technologies for connected vehicles, which now form a growing percentage of vehicles on the road.

Based on COVESA social media updates

U.S. new vehicle sales of 1,335,664 units for the month of April represented a decrease of 8.4% from March and a decrease of 1.8% from one year ago in April 2023.

There were 25 selling days in April 2024, one less than the 26 days in April 2023.

April’s passenger car sales decreased 10.0% to 266,625 units, resulting in a 20.0% market share, while SUV and truck sales increased 0.4% to 1,069,039 units, resulting in an 80.0% market share.

Light vehicle seasonally adjusted annualized sales (SAAR) for April 2024 was 16.0 million units versus 15.77 million units one year ago.

General Motors monthly sales decreased 2.2%, Ford sales decreased 2.2%, but Stellantis sales dropped 25.9%.

As EV competition intensifies, Tesla sales decreased 17.4% from last April to 47,300 units, giving it a U.S. market share of 3.5%.

EV startup Rivian sales were down 5.9% to 3,939 vehicles, Polestar sales were down 45.1% from the same month last year to 450 vehicles, Lucid Motors sales were up 33.8% to 622 units, and newcomers Fisker sold 840 vehicles, while Ineos sold 543 SUVs.

Among Japanese companies, Toyota sales were up 13.7%, Nissan sales were down 11.2%, Honda sales were up 0.4%, Subaru sales were up 9.5%, Mitsubishi sales were down 19.1%, and Mazda sales were down 3.8%.

Hyundai sales were down 3.3%, and Kia sales were down 3.6%.

Among German companies, VW sales were up 27.2%, BMW sales were up 13.3%, and Mercedes-Benz sales were down 10.6%

Jaguar Land Rover sales increased 55.7% from last April, while Volvo Car sales increased 54.0%.

The best-selling models in April 2024 were:

  1. Ford F-Series (down 7.2% from April 2023)
  2. Chevrolet Silverado (up 8.1%)
  3. Toyota RAV4 (up 32.2%)
  4. Honda CR-V (up 1.4%)
  5. Tesla Model Y (down 9.1%)
  6. GMC Sierra (up 2.1%)
  7. Toyota Camry (down 8.6%)
  8. Ram Ram Pickup (down 35.9%)
  9. Honda Civic (up 35.1%)
 10. Toyota Corolla (up 27.0%)

(from Autodata results posted May 1, 2024)