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HANGZHOU/SHANGHAI (Reuters): Like many others in his industry, Geely Chairman Li Shufu has been irked by skyrocketing valuations for electric car manufacturers such as Tesla Inc and Nio Inc, sources at the Chinese automaker say. ....
» The final examples of the $155,000 Polestar 1, a collector car waiting to happen, are now up for grabs The final examples of the $155,000 Polestar 1, a collector car waiting to happen, are now up for grabs Kristen LeeFeb 12, 2021, 02:18 IST 2020 Polestar 1.Kristen Lee/Business Insider Polestar has said it s only making 1,500 of its Polestar 1 hybrid performance cars worldwide. The $155,000 car is coming up on the end of its production run. Final build slots are now open, so get your order in before they re all gone. Only 1,500 Polestar 1s would be built worldwide. We are now coming up on the end of that production run. ....
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. ....