The drivetrain is based around a three-cylinder petrol engine, seven-speed dual-clutch transmission, battery pack and electric motor.
It will launch initially in the second half of 2018 with a 31-mile range on the Volvo XC40 and Lynk&Co 01, but is quickly being developed to offer up to 50 miles, which would be far in excess of any other similarly sized car in the segment, present or future.
The Volvo and Lynk&Co models, compact SUVs developed in parallel on a new natively front-wheel-drive architecture called CMA, will also spawn full electric versions at the start of the next decade, with a range that could be as great as 373 miles (600km).
Other ranges under consideration are 249 miles (400km) and 311 miles (500km), with the firm set to pick one to launch with and then offer different versions as part of a range, similar to how Tesla sells its models.
Product boss Yuebing Zhong confirmed Lynk&Co’s plans to Autocar at the Guangzhou motor show, including plans to launch electric cars across several key segments.
The 02 and 03 models will launch next year (as non-electric models), both also built on the CMA platform, the 02 coming in the first half of the year and the 03 the second. The 02 is another crossover SUV that’s smaller than the 01, while the 03 is a saloon, albeit one with a crossover look that’s been previewed by a concept car.