Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche

Automotive News China Newsletter
Register our free newsletter, sent each Monday and Thursday

     Automakers   Suppliers   Auto Show   Comment   Car Cutaway   Newsletters   Press Releases   Register for Newsletter
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
Home >> Automaker Email this story   Print this story
 
Lynk & CO launches sales of first plug-in hybrid
Automotive News China | 2018/7/31

Geely Automobile Holdings launched sales of the first plug-in hybrid vehicle under the premium Lynk & CO brand on Friday in Beijing.

The plug-in hybrid version of the Lynk & CO 01 compact crossover has a starting price of 232,800 yuan ($34,235). The price is lowered to 199,800 yuan after government subsidies.

The plug-in hybrid 01 is produced at Lynk & COs plant in Zhangjiakou in north Chinas Hebei province. The factory also builds the standard 01 as well as the 02, a sporty compact crossover.

The plug-in hybrid 01 is set to be assembled at Volvo Car Corp.s plant in Ghent of Belgium in 2019 and go on sale in Europe later the year. 

Lynk & CO, unveiled in 2016, is targeting young customers. In 2017, Volvo was granted a 30 percent stake in Lynk & CO.

The Lynk & CO 01 and 02 share a compact modular architecture platform with the Volvo XC40.  Zhejiang Geely Holdings Group Co., Geelys parent, acquired Volvo from Ford Motor Co. in 2010.

The 01 went on sale in December 2017 and China deliveries total 52,264 through June. The 02 was launched in late June. 

Related Stories
  • Lynk & CO CEO outlines Europe plans for 'wild horse' brand
  •     --Published:2019/24/5
     
  • Geely, Daimler form mobility JV in Hangzhou
  •     --Published:2019/21/5
     
  • Geely opens EV research center in Germany
  •     --Published:2019/17/5
     
  • Geely's Lotus to hire 200 engineers for U.K. expansion, report says
  •     --Published:2019/14/5
     
  • Geely Auto sales fall as volume at mass-market brand softens
  •     --Published:2019/10/5
     
  • Proton secures $445 million loan from Chinese bank
  •     --Published:2019/30/4
     
  • Geely launches electric vehicle brand Geometry
  •     --Published:2019/12/4
     
  • Volvo explores closer ties with shareholder Geely in China
  •     --Published:2019/12/4
     
  • Geely, Great Wall, BYD sales climb in March
  •     --Published:2019/12/4
     
  • Geely breaks ground in Wuhan for Lotus factory
  •     --Published:2019/9/4
     
  • Daimler to recast Smart with Geely as China-based EV brand
  •     --Published:2019/29/3
     
  • Geely-invested Proton to assemble vehicles in Pakistan
  •     --Published:2019/26/3
     
  • Geely Auto promises more models to support sales in uncertain market
  •     --Published:2019/22/3
     
  • Chinese automakers renew drive to go global
  •     --Published:2019/15/3
     
     

    Our Newsletter Editions
    Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

    Select your newsletter     

     
     

    Automotive News China
    Room 1303, Building 2, Lane 99, South Hongcao Road,
    Shanghai 200233
    Telephone: 86-139-1851-5816
    Fax: 86-21-6495-0895
     
    Home | Help Center | About Us | Privacy Policy | RSS
    Entire contents © Crain Communications, Inc.
    Use of editorial content without permission is strictly prohibited. All Rights Reserved.
    ICP06057291