BEIJING (Nov 29): China’s Zhejiang Geely Holding Group and its Volvo Cars unit, which this week began selling cars in China from jointly owned brand Lynk & Co, are considering producing the vehicles at Volvo plants in Belgium and the U.S. state of South Carolina, a senior Lynk & Co official said.
Lynk & Co plans to launch sales of its cars in Europe in 2019, followed by the United States in 2020.
The brand’s first model, the 01 compact sport-utility vehicle, which starts at 158,800 yuan (US$24,065.71), is now being produced on the same assembly line with Volvo’s new XC40 crossover SUV at a new Volvo-operated plant in Taizho.
A second plant for Lynk & Co cars is expected to start production in Zhangjiakou next year.
That same arrangement will be extended to Europe and to the United States to produce Lynk & Co cars by using Volvo production, Alain Visser, senior Vice President of Lynk & Co, told Reuters in an interview on Wednesday.