- Category: Ningbo Business
- Published: Tuesday, 25 April 2017 06:20
On the evening of April 16th, Geely’S LYNK & CO, a high-end automobile brand, held new product release conference at Shanghai West Bund Art Centre. An Huicong, president and CEO of geely, revealed the Chinese name of LYNK & CO to the public for the first time. The conference is known to be its first product release in China after its establishment in Berlin, Germany on last year’s October 20. During the conference, the company presented its concept car LYNK & CO 03 for the first time along with its LYNK & CO 01.
According to Alain Visser, vice president of the company, LYNK cars will be produced in Volvo’s manufacturing bases in China with the same quality standard as Volvo. At the end of April of last year, costing 13 billion yuan, a project of middle and high end cargos with an annual production capability of 300 thousand cars was launched by Geely in Hangzhou Bay New Zone. Management committee of Hanghzou Bay Zone said LYNK B would roll off the production line in 2018. And LYNK Sales Company has been set up recently.
In the middle of February 2017, officials of Geely Yuyao Project attended the opening ceremony of major projects of Yuyao. Covering an area of 80 hectares, the project was aimed to produce 300 thousand vehicles. With an estimated investment of 5.5 billion yuan, the project will last about 30 months. In addition, Geely is seeking opportunity for new projects in Ningbo and base its factories here