Lynk & Co’s compact SUV costs €500 a month but might earn you a profit

Image: Lynk & Co

Car company Lynk & Co has finally revealed the details of its hybrid ownership model, which lets people subscribe to its Lynk & Co 01 compact SUV for €500 per month, with the option of renting the vehicle to other Lynk & Co members to begin earning that fee back.

At a launch event today, the company said customers could even make a profit on their €500 a month subscription if they’re able to rent out their vehicle with enough frequency. The company’s 01 hybrid and plug-in hybrid cars will begin shipping to European members in April.

The Lynk & Co brand was first announced in 2016 in Gothenburg, Sweden as a “born digital” alternative to Volvo, the company that spawned Lynk & Co with help from their Chinese parent Geely. Lynk & Co CEO...

Continue reading…

Comments

Popular posts from this blog

Minneapolis hiring social media influencers for former police officers’ trials

Best Navigation Drawer Libraries for Android Project

L’Oreal’s newest gadget takes the mess out of coloring your hair