Lynk&Co officially launched the 03 PHEV at the Chengdu Motor Show which opened on the 5th of September 2019 alongside the 02 PHEV. The 03 PHEV is available from the 16th of September in three trims priced before subsidy from 228,700 for the 03 PHEV Pro, 208,770 yuan for the 03 PHEV and 198,700 yuan for the 03 PHEV Lite.

The Lynk&Co 03 Plug-in hybrid EV is based on the Geely CMA architecture, which is shared with Volvo. The 1.5L TD Lynk&Co 03 PHEV, which is also expected in Western markets later has an extended range of 1000km (625 miles) and can accelerate to 100km/h in 7.3 seconds. The top speed in EV mode is only 120km/h. The 03 drive train consists of a battery with 9.1 kWh capacity delivering a pure electric range of 51km on the NEDC test cycle and charges between 5.5 and 3.5 hours depending on if you use a 220V home plug or public charger. The 03 produces a maximum power of 262 horsepower and delivers combined fuel consumption of 1.6l/100km. The braking distance from 100kh/h to zero for the 03 PHEV sedan is 35 meters or 115 feet.