Ford and Geely Partner on New Spanish Plant for Electrified Vehicles
Ford and China's Geely are reportedly collaborating to repurpose a former Ford production facility in Valencia, Spain. The venture aims to establish a new manufacturing hub for "electrified vehicles," though specific models and the exact nature of the powertrain (BEV, PHEV, or EREV) remain undefined. This strategic move could signal a significant expansion of EV production within the European market.