BEIJING, (Reuters) – Volvo Cars will become the exclusive distributor for Lynk & Co cars in Europe starting January 2027, Lynk & Co brand owner Geely said on Thursday.
- Volvo Cars and Geely Auto Group reached a final agreement about the cooperation on Thursday, the Chinese carmaker said in a statement.
- Volvo Cars, owned by Geely Auto Group’s parent Geely Holding, will assume full responsibility for Lynk & Co’s local commercial and operational activities.
- Chinese automakers, including Geely and electric vehicle leader BYD have been expanding their presence in Europe amid intense competition at home and a global shift towards EVs.
Reporting by Yukun Zhang and Ryan Woo; Editing by Tomasz Janowski
