Lynk & Co said its revamped 20 electric SUV drew 14,663 deposit orders in the first hour after going on sale in China on Monday, as the Geely-owned brand tries to reverse a slide in sales.
“One hour after launch, deposit orders for the all-new Lynk & Co 20 exceeded 14,663 units,” the brand wrote on its official Weibo account.
Those are not locked orders, in which the buyer confirms the specification, and they are not deliveries.
Lynk & Co’s launch release treats the two as separate steps, offering its full benefits package to buyers who “place a deposit order and lock it” by October 31.
The company did not disclose the deposit amount, whether it is refundable, or how the orders split across versions.
Five Versions
The 20 is a heavily updated version of the Z20, a compact electric crossover launched in December 2024 and sold in Europe as the Lynk & Co 02.
It comes in five versions with guide prices from 123,800 yuan ($18,400) to 163,800 yuan ($24,400).
Limited-time launch prices are 5,000 yuan ($700) lower on every version, starting at 118,800 yuan ($17,700) and topping out at 158,800 yuan ($23,700) for the Flying edition.
Lynk & Co said on Weibo that buyers who order now receive limited-time benefits worth up to 63,078 yuan ($9,400), without itemising them.
Every version comes with a roof-mounted LiDAR sensor, an 800-volt platform and 6C charging with peak power of 460 kW, taking the battery from 10% to 80% in about 12 minutes, according to NetCom and IT Home.
The model offers 545 km or 630 km of range on China’s CLTC cycle. It sits on Geely’s SEA architecture and measures 4,495 mm long, with a 2,755 mm wheelbase.
A Model That Faded
The Z20 launched at a limited-time price of 135,900 to 150,900 yuan ($20,300 to $22,500), and its entry price later fell to 109,900 yuan ($16,400).
It sold 39,919 units in 2025, according to the Chezhu Shouce (车主手册) sales database, with monthly volumes above 6,000 in January and April before settling at about 2,000 to 2,500 a month from July to November and dropping to 1,184 in December.
The first half of 2026 brought about 5,600 units.
On those figures, the one-hour deposits equal more than 2.5 times the Z20’s first-half sales and about 37% of its total for 2025.
Brand Under Pressure
Lynk & Co sold 17,027 cars in August, down 37% from a year earlier. New energy vehicles made up about 91% of that total, at 15,504 units.
In the same month, Geely’s main brand grew 5% to 216,186 and Zeekr rose 110% to 36,981.
The decline follows a record 2025, when Lynk & Co sold 350,495 cars, up 22.8%, the company said.
The brand now sits inside Zeekr Group after the two merged, and Volvo Cars will distribute Lynk & Co in Europe from January 2027.
In August, Geely recalled Lynk & Co’s 900, 10 EM-P, 07 and 08 models, along with the Galaxy M9, over a LiDAR defect, according to China’s State Administration for Market Regulation.
The recall does not cover the 20, and Lynk & Co has not named the new car’s LiDAR supplier.
