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L2 Mainstream Functions and Solutions in China
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Driven by market demand and policies, passenger cars equipped with L2 assisted driving functions have been mass-produced, which triggers enthusiastic market response and robust demand.
1. Installations of L2 autonomous driving functions increased by 118.9% year-on-year
In 2020, the automobile market was affected by the economic downturn and COVID-19. From January to November 2020, the number of passenger cars insured in China was 16.136 million, a year-on-year decrease of 7.5%. Among them, there were 2.60 million ones equipped with L2 autonomous driving functions, a year-on-year spike of 118.9%; the installation rate jumped 9.3 percentage points year-on-year to 16.1%. Plus multiple negative factors, installations of L2 autonomous driving functions bucked the trend to grow, with strong market demand. ....

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