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lynk & co europe ceo says prices will not rise due to eu tariffs, new cars will be produced in europe

2024-09-11

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it home reported on september 11 that at the lynk & co z10 brand communication meeting held on september 6, lin jie, senior vice president of geely auto group and general manager of lynk & co automobile sales company, revealed that lynk & co’s second pure electric model is scheduled to be released in europe in october.

geely has been slapped with an additional 19.3% tariff by the european union. in response, nicolas appelgren, ceo of the lynk & co brand in europe, said at the automechanika car trade fair in frankfurt that the company said it does not intend to pass the cost of car tariffs on to consumers.

"we can't -- a lot of our competitors are built in europe," appelgren said. "we need to price our cars correctly in the market."

but appelgren said lynk & co's next electric car, whenever it is released in the eu, will be made in europe, adding that geely is scouting for locations for the factory. "we need to find a solution, but not a knife to the throat."

it home noticed that as early as july this year, a new lynk & co car with the tail logo z20 was exposed, with the internal code name e335. the car adopts a design that integrates taillights and spoilers, is equipped with semi-hidden door handles and new sports wheels, and has a high degree of recognition as a whole.