China's Geely to make electric SUVs at Ford Spain plant, jointly develop model for Europe
The venture will produce four models and could reach 500,000 vehicles a year, as Ford and Geely seek lower costs and more European output.
- On Thursday, Ford Motor and China automaker Geely announced a manufacturing joint venture at the Valencia, Spain plant, with Ford holding 66 percent stake and Geely the remaining 34 percent, pending regulatory approvals to begin operations in first half of 2027.
- Chinese carmakers have rapidly expanded into new markets outside China, prompting legacy automakers like Ford to pursue partnerships, while manufacturers are drawn to Europe's electric vehicle market and seek to avoid tariffs by producing inside the EU.
- The Valencia site, which assembled fewer than 100,000 vehicles in 2025 at record-low output per UGT Ford trade union, will produce new Ford Bronco, two Geely electric SUVs, and a jointly developed multi-energy crossover from 2028, with capacity potentially reaching around 500,000 vehicles annually.
- Spanish Prime Minister Pedro Sánchez welcomed the agreement at the factory, stating that "betting on the added-value supply chain in our country, in Europe, is fundamental and a priority for the Spanish government," while Ford Europe President Jim Baumbick pledged to use the plant at maximum capacity.
- The announcement follows a May deal where Stellantis handed its Madrid plant to Chinese partner Leapmotor, and comes as a U.S. Senate committee toughened restrictions on Chinese automakers, underscoring Ford CEO Jim Farley's strategic pivot toward partnerships amid sector transformation.
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113 Articles
Ford and Geely will jointly produce low-emission cars in SpainFord and Geely have announced the joint production of low- and zero-emission cars at Ford's Valencia plant. The partnership envisages the release of five models, including the hybrid Kuga and electric SUVs.
China’s Geely to make electric SUVs at Ford Spain plant, jointly develop model for Europe
Geely Auto will build two electric SUVs at Ford’s factory in Spain and the two firms will jointly develop a new model, they said on July 23. Read more at straitstimes.com.
Ford to partner with Chinese automaker Geely in Spain in new joint venture
Ford and Chinese automotive company Geely Auto announced plans on Thursday to jointly manufacture low- and zero-emission vehicles at Ford’s Valencia, Spain factory.
A Chinese car manufacturer will produce electric cars at the Ford factory in Valencia, and local assembly will allow the company to avoid European duties on Chinese electric vehicles.
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