Ford and Geely Form Spain Joint Venture, Multi-Energy Vehicles to Roll Off Line in 2028

Ford Motor Company and Geely Automobile Holdings have announced a manufacturing joint venture at Ford's Valencia plant in Spain, with Ford holding 66% and Geely 34%. The JV will produce Ford and Geely branded multi-energy passenger vehicles, with the first new models scheduled for 2028, marking a significant breakthrough for Chinese automotive brands in European localized manufacturing.

1961 day ago