Shanghai (ZXZC)- According to Geely's plan, Lynk & Co will launch two new models in 2018. Based on the CMA basic architecture, the Lynk & Co 02 will be unveiled at the end of March and hit the market at Auto China 2018. Positioned as a sedan, the Lynk & Co 03 will be released at the end of this year.

As to the production capacity of Lynk & Co, An Conghui, president and CEO of Geely Auto Group noted that Volvo will take charge of the first plant, which will manufacture the Lynk & Co 01 and Volvo's new models. He also added that Geely's second plant in Zhangjiakou has finished construction and now is making preparations for manufacturing. Moreover, its third plant will start production next year.

As Lynk & Co adopts the same 2.0T powertrain system as Volvo, its production capacity will also be affected accordingly by the production of powertrain systems. An Conghui said that after the second, third and fourth engine plants start production, Lynk & Co's production capacity will be quickly lifted.

When it comes to the issue whether Lynk & Co will encroach on the market shares of Volvo, An Conghui explained that Lynk & Co and Volvo would not cooperate if they are rivals. Sharing the same architecture only intends to improve both parties' comprehensive competitiveness.

In addition, Lynk & Co features different market position from Volvo. An Huicong analyzed that Volvo targets luxury vehicle segment and takes on BMW and Mercedes-Benz, while Lynk & Co targets medium and high-end segment to rival with the main JV brands, such as Toyota, Volkswagen and Honda.

Geely will launch an all-new MPV model, two sedan models, two SUV models and two pure electric vehicle models in 2018. Besides, it will made upgrades and modifications for the existing models, and will offer PHEV and HEV versions for its main product models.