Feb 26 (Reuters) - Geely-owned Lynk & Co will launch a
plug-in hybrid SUV in June with the longest electric range in
Europe, the Swedish premium car brand said on Wednesday, adding
to growing competition in the continent's hybrid and electric
car market.
The model 08, unveiled in China in 2023, has an
electric-only range of 200 km (124.3 miles), the longest in
Europe for a mid-sized SUV and almost double that of some
competitors, and a total range of over 1,100 km, according to
the company.
WHY IT'S IMPORTANT
Inadequate charging infrastructure for electric cars in some
parts of Europe has contributed to slower than expected EV
adoption and turned customers towards hybrid electrics (HEV) and
plug-in hybrids (PHEV).
The 08 is the latest PHEV to enter the European market, four
months after the EU approved increased tariffs on Chinese-built
EVs, including Geely ones, of up to 45.3%.
Zeekr Group bought out Volvo's share in
Lynk & Co in February, as part of a brand reshuffle within their
parent Geely.
BY THE NUMBERS
The 08 charges from 10% to 80% in 33 minutes. Its starting
price in Europe will be 52,995 euros ($55,491), Lynk & Co said
in a statement.
The 08 will be the third of the brand's models to enter the
European market, following the hybrid 01 and the full-electric
02 crossovers, the company said.
QUOTES
"We still believe very much in plug-in hybrids", Lynk & Co
Chief Executive Nicolas Lopez Appelgren told Reuters.
"This car day-to-day, many days is an electric car thanks to
its range", Chief Technology Officer David Green said.
"With Europe on a transition as a whole continent to
electric ... this is a transition product", he said.
"We actually want to show off tech and have the customer
feel that they are proud that they got a car that has a lot of
cool tech", the brand's president of design Stefan Rosen said.
($1 = 0.9550 euros)