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Geely and Ford form joint venture to produce electric SUVs in Valencia, Spain

Ford and Geely have established a joint venture, majority-owned by Ford, to manufacture electric SUVs at Ford's Valencia plant starting in 2028. This move represents a strategic shift for Chinese automakers to utilize underused European manufacturing capacity to mitigate potential local content regulatory risks.

Valor Econômicoabout 7 hours agoES, CN, US, ECCredibility 45%View source

Score Breakdown

Mosaic Score10.0
Confidence0.9
Significance0.5
Source credibility0.5

Intelligence Tags

#automotive#ev#manufacturing#joint-venture#supply-chain

Locations

Valencia

Entities

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Source

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