Why It Matters: Zhejiang Geely Holding Group is a private Chinese conglomerate that owns Volvo, the U.S.-based flying-car company Terrafugia, the formerly British company that built London black cabs, and most of Lotus, as well as a ride-sharing service in its home market. Lynk & Co could fail miserably, and Geely wouldn’t even wobble. Still, the company is betting big with the Lynk & Co brand, which plans to field this sedan alongside two crossovers labeled 01 and 02. The idea is to tempt young urban Americans with a subscription-style lease plan, no dealerships, an unlimited warranty, app-based services, and a cut-rate price. You could consider Lynk & Co a Chinese Saturn for the modern age.
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