Lynk & Co, Geely's China-based premium brand has set a half-million unit annual global sales target by 2020 according to an interview with The South China Post.
The brand will have 150 dealerships up and running across mainland China by the end of 2017, ready to sell Lynk's first midsize sports utility vehicle (SUV), said Lynk's senior vice president Alain Visser, without disclosing the price of the vehicle.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
"When we roll out most of our portfolio [of models] in 2019 to 2020, we aim to sell half a million vehicles around the world," he said in an interview with the South China Morning Post. "We believe it is a very realistic target."
Lynk's first SUV will be equipped with either a 1.5-litre or 2.0-litre turbo-charged engine.
Lynk plans to sell vehicles in the United States and Europe after launching in China.
"We can easily expand our dealer network in China," Visser said. "The challenge is how we expand our network outside China, in the US and Europe."
See also: Volvo, Geely, agree technology and new brand
ANALYSIS – The future models of Geely & Volvo's Lynk & Co
