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Volvo expands EV strategy with exclusive Lynk & Co deal in Europe. Volvo Cars has announced a new deal to become the exclusive distributor of Lynk & Co electric vehicles across Europe, strengthening ties within the Geely automotive group. Under the agreement, Volvo will use its established dealer network and service system to sell Lynk & Co models, helping the brand expand more rapidly across the region. Lynk & Co, originally founded in Sweden, has positioned itself as a premium brand offering both vehicle sales and flexible rental options. The partnership is designed to help both companies reach different customer segments without requiring major new investments. It also reflects a broader strategy by Geely to integrate its global brands more closely and improve efficiency. As demand for fully electric vehicles slows, Volvo has adjusted its strategy, continuing to introduce hybrid models alongside its EV lineup. Meanwhile, Geely is aiming to become one of the world’s top five automakers by 2030, targeting more than 6.5 million vehicle sales annually. The new collaboration could play a key role in scaling operations and boosting competitiveness in Europe’s evolving EV market.
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