Shanghai (ZXZC)- An Conghui, president of Zhejiang Geely Holding Group (Geely), revealed in an interview on March 27 that its new energy vehicle's (NEV) sales will account for 90% of the company's total sales in 2020. He also added that the company will launch PHEVs starting with Lynk & Co 03 and plans to roll out at least two new models under Lynk & Co each year. Besides, the PHEV versions of Lynk & Co will be put into production in Belgium in 2019.

The supplies of Lynk & Co 01 have been heretofore fallen short of its demands. According to relevant reports, the non-delivery orders have so far exceeded 30,000 units, while 20,000 vehicles have been handed over to customers.

Currently, Geely's plant in Luqiao District of Taizhou, Zhejiang Province mainly manufactures Lynk & Co 01 and Volvo XC40. Lynk & Co 02 and 03 will be produced in the Zhangjiakou plant which owns an annual capacity of 200,000 vehicles. In addition, the automaker has been selecting locations for another two vehicle plants. Once its third and fourth engine factories are put into operation, the sales of Lynk & Co will increase year by year.

At present, the development of the models under Lynk & Co based on the CMA (compact modular architecture) and SPA (scalable product architecture) platform are getting under way. Lynk & Co 02 was officially unveiled on March 26 and is planned to go on sale in May this year. Additionally, the Lynk & Co 03 as well as the PHEV versions of Lynk 01, 02 and 03 will hit the market in the second half of this year, according to An Conghui.

In the meantime, relevant reports showed that the Lynk & Co 04 to 09 are on the way of development among which the Lynk & Co 04 and 05 are expected to go on sale in 2019.