Lynk & Co Sales Data, Trends & Analysis for the Chinese Automotive Market
Lynk & Co is an upmarket brand from Geely Holding group, which places it between its mainstream Geely brand and premium Volvo brand. Lynk & Co was launched onto the Chinese market in December 2017, then expanded to Europe in April 2021 and plans to enter the US market in the next couple of years. Car sales statistics from China only include domestic production and exclude imported models.
Lynk & Co China Sales Figures & Recent Highlights
The cars are sold in China through a network of company-owned stores, and via internet in cooperation with the e-commerce giant Alibaba, after which Lynk & Co will deliver them at the buyer’s home. For service, there will be a pick up and return service. Another novelty to the Lynk & Co concept is that the models will not be offered with a choice of options and trim levels, but instead will offer just a few fully equipped variants with a fixed price, called Collections.
Another Lynk & Co innovation is the system which allows for shared ownership, replacing the key with a smartphone app connected to a Lynk & Co cloud. This will allow a group of people to buy and share one Lynk & Co car, after software will automatically split ownership costs based on usage. This system also allows an owner to rent the car out when he doesn’t need it, similar to house rentals via AirBnB. An app will match the owners with renters. Finally, Lynk & Go will launch an open application programming interface (API), which lets third-party developers develop apps for Lynk & Co vehicles, which can be downloaded via an app store, similar to those in smartphones.
Sales figures for the Lynk & Co 01, 02, 03, 05, 06 and any other car model produced and sold in China since the early 2000’s.
Lynk & Co Annual Sales, Growth and Market Share in China
Below we have a table that shows total Lynk & Co sales volumes for the Chinese automotive market, broken out by year. This data captures all Lynk & Co vehicle sales for the entire Chinese automotive market.
| Year | Sales | YOY Change | Marketshare | Marketshare Change |
|---|---|---|---|---|
| 2017 | 6,012 | 0.00 | 0.03 | 0.00 |
| 2018 | 120,414 | 1,902.89 | 0.54 | 95.19 |
| 2019 | 128,066 | 6.35 | 0.63 | 14.09 |
| 2020 | 175,456 | 37.00 | 0.94 | 32.51 |
| 2021 | 221,878 | 26.46 | 1.10 | 14.44 |
| 2022 | 170,072 | -23.35 | 0.82 | -33.47 |
Lynk & Co China Annual Sales Units & Growth Chart
Below is a visual representation of Lynk & Co China sales units over time. We have both the Lynk & Co sales units and the market share in the Chinese market. Click on the items in the legend to see each series by itself.
Lynk & Co China Growth Rate & Market Share Chart
Below is the annual growth rate for the Lynk & Co brand in China, shown against the Lynk & Co’s marketshare changes in China. This gives you a good look into how Lynk & Co has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
The Best-Selling Lynk & Co Cars & SUVs in China
COMING SOON
Sources: Manufacturers, ANDC, JATO Dynamics.
