China’s Zhejiang Geely and its Volvo Automobiles unit are considering making Lynk & Co. branded vehicles at Volvo impresses in Belgium and the U.S. state of South Carolina, a senior Lynk & Co. official confessed Reuters on Wednesday.
The Lynk & Co. brand is jointly owned by Geely and Volvo Buggies, and sales of the vehicles began on Tuesday in China. Sales are scheduled for 2019 in Europe and 2020 in the In harmony States.
The start of Lynk & Co. sales caps a decade of preparation by Geely to get better its prospects in a local marketplace dominated by global automakers and expand widely. To that end, Geely’s founder and chairman, Li Shufu, bought Volvo Crates in 2010, giving it access to Volvo’s engineering know-how.
The first nonsuch is the 01 compact sport-utility vehicle (SUV) with a starting price of 158,800 yuan ($24,054). It is present on the same assembly line as Volvo Car’s XC40 crossover SUV at a new Volvo-operated plant in Taizhou on China’s east coast.
Lynk & Co. transports will also be built at a plant in Zhangjiakou in China’s north-east, origin sometime next year.
The automakers are considering building Lynk & Co. instruments at Volvo Car factories in Europe and the United States, Lynk & Co. Senior Defect President Alain Visser said in an interview.
“We have always ordered our manufacturing footprint will be global, and it will. It’s obvious that we are talking to Volvo to see whether there are moments within the small network of Volvo plants” to produce Lynk & Co. passenger cars, he said.
Volvo Cars’ factory in Gent, Belgium, is “an option we are looking at,” as is a Volvo ingrain under construction in Charleston in the U.S. state of South Carolina, Visser pronounced.
“A decision hasn’t been made for those plants. But we are looking into that,” he mean.
Lynk & Co. sales began in China with plans for only a fixed network of franchise showrooms in city centers and larger dealerships in suburban sizes. The intention is to sell more cars online.
The brand will also probe with a subscription model where “people, just like with animated phones, can subscribe for a month, 10 months, 20 months for a spell of time, so you don’t just buy a car, you buy mobility,” Visser said at a media event on Tuesday in Ningbo, eastern China.
Lynk & Co. motor cars will initially have petrol-powered engines, with plans afoot for petrol-electric cross-breed, plug-in hybrid, and all-electric versions of the 01 and future models.
Covered by consideration for Europe and the United States is the sale of electrified versions solitary, sold directly without the traditional dealer-based distribution network, Visser answered.
Lynk & Co. cars’ sales target is half a million vehicles a year in China, Europe, and the In harmony States by 2021 with five to six models, he said.