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Geely-Volvo considering making Lynx & Co cars in South Carolina, Belgium: executive

Published 11/28/2017, 11:23 PM
Updated 11/28/2017, 11:30 PM
© Reuters. Geely unveils its Lynk & Co brand model, the 01 sport utility, at an event ahead of the Shanghai Auto show, in Shanghai

BEIJING (Reuters) - 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 ($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.

© Reuters. Geely unveils its Lynk & Co brand model, the 01 sport utility, at an event ahead of the Shanghai Auto show, in Shanghai

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.

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