Industry dynamics

China's Lynk & Co makes inroads into Kuwait

Publishtime:2019/08/16 Views:24
The booth of Lynk & Co is seen at an expo in Shenyang, Liaoning province, on Oct 4, 2021. [Photo/IC]

Lynk & Co, a joint venture between China's Geely and Swedish carmaker Volvo, said Thursday it has started its Asia-Pacific campaign, with Kuwait as the first stop.

It has partnered with local Kuwaiti company Al Zayani, and the first model available in the western Asian country is the Lynk & Co 01 SUV, available in two variants.

The carmaker said there are 495 cars per 1,000 people in Kuwait, and local people value premium vehicles that excel in safety and cutting-edge technology, so there is huge potential for brands like Lynk & Co.

Lynk & Co said it will soon enter other countries in the region including the United Arab Emirates, Israel, Saudi Arabia and Oman.

The Asia-Pacific campaign is the latest effort of Lynk & Co's globalization, following its entry into European countries late last year.

Its first model to enter the European market was the Lynk & Co 01 as well, with total deliveries exceeding 10,000 units so far.

The carmaker said it has built four showrooms in Europe and plans to open another three in 2022.

Lynk & Co said it is also planning to export vehicles into such countries as Russia, Australia and New Zealand.

Unveiled in Berlin, Germany, in 2016, Lynk & Co positions itself as an international brand. Its first model rolled off the assembly line in 2017 and it had since sold nearly 600,000 vehicles by the end of October 2021.