Ford, Geely form joint venture at Valencia plant to build multi-energy vehicles in Europe

Reuters2026/07/23 08:30

By:Reuters

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Ford agreed to form a Europe-focused manufacturing joint venture with Geely Auto at its Valencia, Spain plant.
Ownership split set at 66% for Ford, 34% for Geely Auto; operations targeted to start in H1 2027, pending approvals.
Production slated to start in 2028, covering a new multi-energy Ford crossover, a new Bronco-family model, two Geely electric SUVs.
Valencia plant capacity pegged at about 500,000 vehicles a year; Kuga output continues during the transition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ford Motor Company published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607230430PR_NEWS_USPR_____LN10382) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ford, Geely form joint venture at Valencia plant to build multi-energy vehicles in Europe

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