October 11, 2024

Lynk & Co’s first EV is meant to be shared to lower its price

Claudio Ctin1 mins
Lynk & Co’s first EV is meant to be shared to lower its price

The 02 is Lynk & Co’s first all-electric car. | Image: Lynk & Co

Lynk & Co just launched the 02, the company’s first fully-electric vehicle that’s designed from the ground up to be shared with family, friends, or anyone willing to pay for the privilege. The EV is interesting, but not nearly as interesting as Lynk & Co’s unique approach to car ownership.

Once you buy, lease, or subscribe to a 02 you can become a “lender,” in Lynk & Co parlance, to set the price and conditions for sharing. In Amsterdam, a quick browse through the Lynk & Co app shows several of its 01 plug-in hybrids available to borrow for €7 to €12 per hour (or €47 to €123 per day), usually with a “no pets, no smoking” requirement. Borrowers are automatically billed for fuel consumed when the car is returned.

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