Volvo Cars has announced that it will reengineer and accommodate its manufacturing plant in Ghent, Belgium to facilitate the production of the new Lynk & Co brand cars from late 2019. Ghent is one of two car manufacturing plants operated by Volvo Cars in Europe and has produced Volvos since 1965.
Volvo’s acquired 30 per cent stake in Lynk & Co, a new volume brand by Zhejiang Geely, last year.
Lynk & Co was established in 2015 and this development will also have far reaching effects on cost control, local employment and production volumes. Further, there are substantial benefits of sharing Volvo’s Compact Modular Architecture (CMA) that will now be used by both Volvo and Lynk & Co.
Volvo’s Ghent plant currently builds the new XC40, its smallest SUV. Ghent also builds the V40 and V40 Cross Country hatchbacks, as well as S60 sedan, and will soon start producing the all-new V60 wagon.
“We see a big potential for this new brand entering the European market, and we are happy to give Lynk & Co the support of Volvo’s technological and industrial expertise,” said Hakan Samuelsson, president and CEO of Volvo Cars.