Lynk & Co, majority-owned by Zeekr, announced limited-time discounts on its hybrid models, the Lynk & Co 07 EM-P and the Lynk & Co 08 EM-P, as competition in China’s auto market intensifies.
The Lynk & Co 07 EM-P hybrid sedan is available in three variants, originally priced at RMB 159,800, RMB 169,800, and RMB 179,800. After an RMB 8,000 discount, the starting prices are reduced to RMB 151,800, RMB 161,800, and RMB 171,800, respectively.
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For the Lynk & Co 08 EM-P hybrid SUV, available in six variants, discounts range from RMB 14,000 to RMB 17,000. The official price range of RMB 185,800 to RMB 248,800 is lowered to RMB 171,800 to RMB 231,800 after the reductions.
In addition to the price cuts, Lynk & Co is offering 5-year 0 percent interest financing on both models. The promotional campaign runs until February 28.
Lynk & Co was established in 2017 as a joint venture between Geely Auto and Volvo Cars. In November 2024, Zeekr, Geely Holding Groupās premium EV subsidiary, announced a deal to acquire a 51 percent stake in Lynk & Co. The transaction is expected to be completed in the first quarter of 2025.
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Despite seasonal slowdowns in China’s auto market, Lynk & Co delivered 30,077 vehicles in January, marking a 6.75 percent year-on-year increase and a 15.30 percent rise from December, according to data compiled by CnEVPost. The company is among the few automakers that recorded delivery growth at the start of the year.