Chinese brand Lynk&Co to debut in UK in early 2024 with Hybrid SUV

Chinese brand Lynk&Co to debut in UK in early 2024 with Hybrid SUV

Lynk&Co, a Chinese-Swedish automobile company and a mainstream brand that uses Volvo technology, has reportedly revealed its plans to debut in the UK with a bespoke electric vehicle in early 2024.

While the Geely-owned company began marketing a hybrid SUV in a number of major European countries in 2020, it has opted to take an all-electric strategy for the UK.

Even in China, where its portfolio has grown to six models, Lynk&Co does not currently offer an EV models. Four of them come with plug-in hybrid powertrains.

Since the European Lynk&Co 01 PHEV, like the VOLVO XC 40 and the Polestar 2 electric saloon, is based on the Volvo CMA platform, this upcoming Chinese EV for the UK could be based on the same revised platform.

Additionally, Lynk&Co would also introduce its subscription sales strategy to the UK, where customers sign up for as little as one month at a time and pay a fixed all-inclusive monthly cost.

Currently, in the rest of the European market, there are only two color -options for the 01 PHEV, blue or black, and it costs €550 ($582) a month in Europe. The EV headed for the UK will adhere to Lynk&Co's European strategy of staying with smaller vehicles rather than branching out into larger sectors, as it has in China.

Earlier in June, Lynk&Co unveiled an elaborate design for a coupé-styled hybrid vehicle with scissor doors and supposed autonomous capabilities showcasing at least a more cutting-edge design in the future, if not a model appropriate for Europe.

Similar to Airbnb, Lynk&Co clients may also rent out their automobiles through the company app. Lynk&Co global head, Alain Visser, without providing a utilization estimation, stated thatroughly 20% of European customers rent their cars.

As per sources, even in a market which was down by 22%, with sales having dropped 40%, Lynk&Co was still the 24th best-selling brand in China within the first five months of the year, with the 03 saloon being its best-seller.

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Meghna Singh

An English Literature graduate, Meghna Singh ventured into the profession of content development to incorporate her knack for writing articles across verticals including technology, healthcare, business, and alike for News Origins and Newsorigins. She has also completed her MBA in Tourism and worked as a content creator in the field of product development.