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Geely-Volvo considering making Lynk & Co cars in South Carolina, Belgium - executive

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Geely-Volvo considering making Lynk & Co cars in South Carolina, Belgium - executive

Geely-Volvo considering making Lynk & Co cars in South Carolina, Belgium - executive
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BEIJING (Reuters) - China's Zhejiang Geely Holding Group and its Volvo Cars unit, which this week began selling cars in China from jointly owned brand Lynk & Co, are considering producing the vehicles at Volvo plants in Belgium and the U.S. state of South Carolina, a senior Lynk & Co official said. Lynk & Co plans to launch sales of its cars in Europe in 2019, followed by the United States in 2020. The brand's first model, the 01 compact sport-utility vehicle, which starts at 158,800 yuan ($24,065.71), is now being produced on the same assembly line with Volvo's new XC40 crossover SUV at a new Volvo-operated plant in Taizho. A second plant for Lynk & Co cars is expected to start production in Zhangjiakou next year. That same arrangement will be extended to Europe and to the United States to produce Lynk & Co cars by using Volvo production, Alain Visser, senior Vice President of Lynk & Co, told Reuters in an interview on Wednesday. (This story has been refiled to correct brand spelling in headline) (Reporting by Norihiko Shirouzu; Editing by Clarence Fernandez)
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