Ford and Geely Auto to produce next-generation multi-energy vehicles in Spain
July 23, 2026
Ford and Geely Auto plan to form a manufacturing joint venture at Ford’s Valencia, Spain, plant, combining scale and factory utilization, to build Ford and Geely’s next-generation multi-energy vehicles. Under the proposed ownership structure, Ford will own 66% of the new entity and Geely Auto 34%. The partnership secures the future of the Valencia plant, […]