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%.<\/p>\n
The partnership secures the future of the Valencia plant, providing long-term stability and creating the potential for future high-tech manufacturing job growth.<\/p>\n
The Valencia plant will produce a new generation of low- and zero-emission vehicles for European markets, offering customers an outstanding technology experience.<\/p>\n
According to both partners, the joint venture addresses the new realities of the European market: intense global competition, relentless cost pressure, and tightening regulation, resetting Valencia to build at the industry’s emerging cost benchmark.<\/p>\n
The collaboration accelerates Geely Auto’s European expansion and supports Ford’s product offensive to bring five new passenger vehicles to European showrooms by 2029.<\/p>\n
“Europe is home to one of the fiercest competitive battles in the global automotive industry today,” says the common press release. “Tightening regulation, high operating costs, and a new generation of global competitors have reset the industry’s benchmark for manufacturing cost, vehicle technology, and software experience.”<\/p>\n
“By pooling production volume, Ford and Geely will try to maximize the Valencia plant’s capacity, lower the cost of every vehicle built there, and compete at this emerging cost standard while delivering world-class multi-energy vehicles and strengthening the local Valencia economy in the process,” the new partners add.<\/p>\n
Pending regulatory approvals, the joint venture will begin operations in the first half of 2027, with the first new vehicles scheduled to roll off the line in 2028.<\/p>\n
“This joint venture with Ford in Europe reflects our commitment to open, collaborative product development as part of our growth strategy, deepening our local presence and commitment to customers in Europe,” said Alex Nan, Vice President of Geely Auto Group.<\/p>\n
“We are dedicated to delivering vehicles that European customers will choose on merit: on industry-leading features, on high-quality and on actively contributing to Europe’s green future. Put simply: we are building cars in Europe, for Europe, alongside a trusted partner,” he added.<\/p>\n
“The joint venture will transform Ford’s Valencia facility, already one of Europe’s most productive and advanced plants, with a potential annual capacity of about 500,000 vehicles, into a shared, high-tech manufacturing hub built to compete at the industry’s new global cost standard,” said Jim Baumbick, President, Ford of Europe.<\/p>\n
“That’s why we’re building a flexible, cost-effective industrial system with a capable partner in Geely Auto. Together, we can fully utilize a best-in-class plant with a great workforce and match the industry’s new cost benchmark. This is all part of Ford’s vision to give European drivers rally-bred handling, true off-road capability, and multi-energy technology, with a distinct Blue Oval DNA.”<\/p>\n
“The joint venture will combine the engineering, manufacturing, and development know-how of both partners to build both Ford and Geely low- and zero-emission passenger vehicles. The cars will be tailored for European drivers and will offer them choice in powertrain technology, as well as outstanding digital experiences,” boasts the press release.<\/p>\n
The Ford models that are going to be produced in Valencia are the already available Ford Kuga, a “rugged” and compact new Bronco “built for European roads” with production start in 2028, and an all-new “multi-energy family crossover” designed by Ford and jointly developed with Geely, due in 2029.<\/p>\n
The Geely models that will be built in Spain are two electric SUVs, in full support of their European focus and growth strategy. The first Geely-branded models to be manufactured under this joint venture are scheduled to roll off the production line in 2028.<\/p>\n","protected":false},"excerpt":{"rendered":"
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, […]<\/p>\n","protected":false},"author":13,"featured_media":190195,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\r\n\r\n{excerpt}\r\n\r\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[77160,28,16,8,4,17],"tags":[],"class_list":["post-190193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china","category-europe","category-industry","category-product","category-top-stories-today","category-weekly-newsletter"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?fit=2074%2C1382&ssl=1",2074,1382,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?fit=300%2C200&ssl=1",300,200,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?fit=640%2C426&ssl=1",640,426,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?fit=640%2C426&ssl=1",640,426,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?fit=1536%2C1024&ssl=1",1536,1024,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?fit=2048%2C1365&ssl=1",2048,1365,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?fit=18%2C12&ssl=1",18,12,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?fit=560%2C373&ssl=1",560,373,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?resize=1536%2C240&ssl=1",1536,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?resize=1536%2C180&ssl=1",1536,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?resize=2048%2C180&ssl=1",2048,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/07\/Scherm%C2%ADafbeelding-2026-07-23-om-22.32.00.png?resize=2074%2C180&ssl=1",2074,180,true]},"post_excerpt_stackable_v2":"
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, providing long-term stability and creating the potential for future high-tech manufacturing job growth. The Valencia plant will produce a new generation of low- and zero-emission vehicles for European markets, offering customers an outstanding technology experience. According to both partners, the joint venture addresses the new…<\/p>\n","category_list_v2":"China<\/a>, Europe<\/a>, Industry<\/a>, Product<\/a>, Top Stories Today<\/a>, Weekly Newsletter<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"\n