Visser said Lynk & Co 01 PHEV, the first model targeting the European market, will be put into production at Volvo's Ghent Plant in Belgium in 2019 and open for sales to the European market in the first half of 2020.

As a new high-end brand, Lynk & Co has been dedicated to exploring younger urban consumers' lifestyles and consumption habits in the internet age. It follows its brand ideal of "personal, open and connected", focusing on urban youth who are both open and unique.

In the future, Lynk & Co will share Volvo's drive-E powertrain, Visser revealed. "In the future there will be further progress in resource collaboration between the two brands, including possible collaboration in architecture technology and clean, efficient powertrain technologies," he added.

As the new energy vehicle segment has been the main battleground in the global automotive market, it also is one of the core directions that Lynk & Co is heading in.

"While developing the CMA, we took all of this into account and built into the CMA the flexibility to use different powertrain technologies, including pure electric, plug-in hybrid, petrol-electric hybrid, mild hybrid new energy power, and traditional fuel powertrain," said Zhu Ling, vice-president of Lynk & Co research institute.

At the present stage, the hybrid and plug-in hybrid technologies are important strategic pivots for Lynk & Co's development of new energy technology, Zhu said.