Is Lynk & Co a Joint Venture Car Brand?
1 Answers
Lynk & Co is a joint venture car brand. A joint venture brand typically involves an established foreign automotive brand setting up production in China, where the Chinese side provides land, factories, and labor, while the foreign partner contributes technical expertise and equipment support. This is the widely accepted standard for joint venture cars. Even when a new brand is jointly created by both parties in a similar manner, it is still considered a joint venture brand. The Lynk & Co brand is 50% owned by Geely Auto Group, 30% by Volvo Car Group, and 20% by Geely Holding Group. Therefore, from a capital structure perspective, Lynk & Co qualifies as a joint venture brand. The Lynk & Co lineup includes models such as the Lynk & Co 03 and the Lynk & Co 03 New Energy, both of which are compact sedans. Taking the Lynk & Co 03 as an example, its body dimensions are 4639mm in length, 1840mm in width, and 1460mm in height.