Tun Mahathir visited China and we predicted 2 months ago that the new 3rd national car program should be a joint venture with Chinese electric vehicle company LYNK & Co. Why? Well, LYNK & Co is a new brand by Geely Auto.
In 2017 we saw the launch of the 01, the first product from Geely Auto’s newest brand LYNK & Co. “Born Global and Connected,” LYNK & Co sets a new benchmark for EV manufacturing globally with a brand new plant in China. This brand new high technology/ultra-modern plant combines technology and manufacturing know-how from the Geely and Volvo Cars units of China auto giant Zhejiang Geely Holding Group.
The Zhangjiakou complex builds the LYNK & Co 02 SUV and a sedan called the 03 for the Chinese market. Currently, the plant has about 1,800 workers on one daily shift, working alongside nearly 300 robots. When the factory goes to a second shift, it will employ 3,000 people capable of building about 200,000 cars per year. Those are employment and production levels consistent with mature market auto plants globally.
Important to note. LYNK & Co is building left hand drive vehicles right now for China and European buyers. If Malaysia were to work with them, Malaysia can be the manufacturing hub for right hand drive vehicles which would allow easy sales access to ASEAN including Australia and New Zealand. Current LYNK & Co models are plug-in hybrids and they working towards full electric vehicle lineup in coming years. Other than a claimed electric range of 50 kilometers (31 miles). The plug-in hybrid is a pairing of a 1.5-liter turbocharged three-cylinder engine with an electric motor. LYNK & Co plans to gradually add more electrified vehicles to its lineup and this is where Malaysia’s 3rd national car program starts.
If Malaysia starts talking to LYNK & Co right now, by the time negotiations are concluded and the new factory is built, the full electric vehicle lineup can be ready for assembly in right hand drive and Malaysians and the region can have Malaysia’s 3rd national car which will be a full electric vehicle with Volvo build and Geely battery power. Think about it!