Lynk & Co has confirmed it will manufacture its new 01 SUV in Belgium for the European market.
Speaking with industry journal Automotive News Europe, the Chinese start-up which is owned by Geely – which also owns Volvo – the company’s boss, Alan Visser, said the 01 will be produced in Europe, for Europe, from 2019 at a factory in Ghent, Belgium.
From launch the 01 will be offered in Europe with exclusively plug-in hybrid powertrain options, intially at least.
Lynk & Co also told the publication it plans to launch in the United States from 2019, and is investigating the possibility of building cars there too – Volvo has a new facility in Ridgeville, Carolina, where it will manufacture the new S60 later this year.
“We see a big potential for this new brand entering the European market and we are happy to give Lynk & CO the support of Volvo’s technological and industrial expertise,” said Hakan Samuelsson, Volvo CEO.
All three models are expected to share the same Compact Modular Architecture (CMA) co-developed with Geely and Volvo.
The company aims to sell 500,000 units per annum by 2021, with half of that figure coming from the Chinese market and then 125,000 each in Europe and the US. It’s unclear what the brand’s plans are for markets like Australia.