Zhejiang Geely Holding Group, in its latest effort to establish a motorsports presence, has started taking orders for its first racecar.
It plans to deliver the racecar to Chinese customers under the Lynk & CO brand starting in the first quarter of next year, Geely Group said last week.
The vehicle, the Lynk & CO 03 TCR, features a 2.0-liter, four-cylinder turbocharged engine with 350 hp and 420 newton meters of torque. It is front-wheel driven and fitted with a six-speed sequential transmission.
The car, along with the driver, weighs 1,265 kg, according to the Chinese group.
Geely Group formed a motorsports arm in 2018. The unit has dual headquarters. One is in the east China city of Hangzhou, where the group is based, and the other in the Swedish city of Gothenburg, where its Volvo Cars subsidiaryis headquartered.
In mid-2018, the unit started developing the Lynk & CO 03 TCR. The racecar made its debut at the 2019 FIA World Touring Car Cup in Marrakech, Morocco, in April.
Lynk & CO was unveiled in 2017 as a premium car brand jointly owned by Geely Group and Volvo. Lynk & CO vehicles share a platform with Volvo XC40.
In 2017, Geely Group also obtained a 51 percent stake in the British sports car brand Lotus as part of a deal to acquire a 49.9-percent interest in struggling Malaysian automaker Proton from local business conglomerate DRB-Hicom.