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Single Article - The Association of European Vehicle Logistics
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Volvo strengthens Geely ties with Lynk & CO distribution deal in Europe

Volvo strengthens Geely ties with Lynk & CO distribution deal in Europe

Automotive News Europe — 2026-03-30

Automotive Industry

Volvo Cars will leverage its European dealer network to sell Chinese sister brand Lynk & CO’s electric vehicles, a move that strengthens ties between the automaker and parent Geely Holding as it pursues ambitious global sales targets.

After Volvo last year brought back CEO Hakan Samuelsson — a trusted confidant of Geely-owner Li Shufu who ran Volvo Cars for over a decade — the company has strengthened its collaboration with brands, suppliers and technology that are ultimately controlled by privately held Geely Holding.

Among them, Lynk & CO, founded in 2016 in Sweden, is a premium brand that sells and rents vehicles in several European markets and has expanded beyond its original 01 plug-in hybrid compact SUV.

Volvo Cars intends to use Volvo Cars retailers for the sale of Lynk & Co cars and use its sales and servicing system in relevant markets,” Volvo said March 30.

Three Lynk & CO models, the 01, 02 compact hatchback and 08 midsize SUV, are set to be sold through Volvo under the current deal, a Geely Auto spokesperson said, though the line-up might change depending on the final agreement or business circumstances.

All are built in China, and the 02 is a pure electric vehicle, meaning the model will be subject to European Union tariffs, the spokesman said. The other two models are hybrids.

The new partnership will allow both brands to reach a wider audience, as they target different customers and segments without additional product investments, Geely said.

“By leveraging Volvo Cars’ central commercial operations and mature dealer network, Lynk & CO Europe will achieve faster scalability capable of supporting higher volumes,” Lynk & CO said in a separate statement.

Geely Holding said in January it aimed to rank among the world’s five leading automakers with global sales of over 6.5 million vehicles by 2030 and last week it announced plans to double by next year the number of vehicle projects it manages at its European technology hub.

Until 2024, Volvo Cars planned to go all-electric by the end of the decade, but it has continued to introduce hybrids as demand for fully electric vehicles has slowed.

Geely Holding has a large portfolio of automotive brands that also includes Zeekr, Lotus and Polestar. Over the last two years, it has shifted its focus from acquisitions to cost-cutting and tighter integration, consolidating brands such as Lynk & Co and Zeekr under Geely Auto.

Lynk & CO’s European registrations were 9,571 in 2025, up from 5,991 in 2024, according to Dataforce market researchers. Volvo’s registrations were 332,226, down from 368,836.


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