L2 Mainstream Functions and Solutions in China
L2 Function Research of Major Brands
Solution Suppliers
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.