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Lynk & Co Europe CEO States No Intention to Pass on EU Tariff Costs to Consumers
Nicolas Appelgren, Europe CEO of Lynk & Co, a joint venture between Geely and Volvo, stated that there is no intention to pass on tariff costs to consumers.Next month, the comp...
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Nicolas Appelgren, Europe CEO of Lynk & Co, a joint venture between Geely and Volvo, stated that there is no intention to pass on tariff costs to consumers.

Next month, the company will launch in Europe its first China-made electric vehicle (EV), a compact SUV that faces an 18.8% tariff. The manufacturer has not yet announced the European price, but Volvo's EX30 and Zeekr's X, compact SUVs that were developed on the same platform as Lynk & Co's, are priced around EUR40,000-45,000 in Germany.

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Appelgren mentioned the need to price the market correctly and noted that the next generation of EVs will be produced in Europe, with Geely currently seeking a factory location.

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