Ahead of its debut at the Shanghai Auto Show, China’s Zhejiang Geely Holding Group has revealed the new Lynk & CO 03 sedan concept.
The brand is promising big things right out of the gate, including a lifetime warranty on all of its vehicles along with free internet connectivity services. A smartphone app will allow owners to lend their cars out to others, while the brand is also teasing some kind of subscription service, which will allow you to pay for a car only when you need it.
Since Geely is the also the parent company to a little automaker named Volvo, the Lynk & Co 03 concept is based on the the same Compact Modular Architecture that will support the upcoming Volvo V40.
Powertrain details weren’t mentioned, though it is likely to offer small three- and four-cylinder engines along with a plug-in hybrid system.
Ambitious sales targets have already been laid out by the company, which will build its cars in China and sell them globally, including in the U.S. Lynk is aiming to sell 500,000 vehicles annually within half a decade, with sales kicking off in China in the second half of 2017. European and American sales are expected to begin in late 2018 or early 2019.
Besides ambitious sales targets, the prospective automaker is also promising modern services such as online sales and a home delivery service.