Monitor this situation.
Unsubscribe anytime.
[SITUATION] · [ACTIVE] · [BUSINESS]
21 clusters · 185 sources · 96 days · First seen · Last updated
Ford-Geely Valencia plant joint venture
Overview
Following the formalization of the 66%/34% joint venture in late July 2026, Ford and Geely are preparing to produce low-emission vehicles at the Almussafes plant near Valencia, Spain. The partnership aims to manufacture five models by the end of 2028: the Ford Kuga, a future Bronco, two Geely models (including the electric EX2), and a new Ford C-segment compact SUV. To maintain a distinct brand identity, Ford’s new SUV is expected to feature a rally-inspired design while utilizing Geely’s Global Intelligent Electric Architecture (GEA) to support hybrid, internal combustion, or fully electric powertrains through 2035.
In September 2026, Ford appointed Jeff Jones as president of the joint venture to oversee the transition toward operations in the first half of 2027. To support this shift, the Generalitat Valenciana and Universitat Politècnica de València have proposed customized training and research programs for Geely professionals. Additionally, Ford has announced plans to construct a new battery assembly plant at the Almussafes facility for 100% electric vehicles, with staffing levels to be determined in 2027.
In October 2026, the Almussafes plant marked its 50th anniversary, tracing its history back to the first Ford Fiesta in 1976. While the Geely alliance secures production through 2029, the plant faces a transitional “valley period” during 2027. Management and unions anticipate potential temporary employment regulations (ERTE) due to reduced activity and a projected surplus of 200 to 300 workers in combustion engine assembly areas. Geely’s entry is viewed as a strategic move to establish a manufacturing presence within the European Union and potentially circumvent protective tariffs.
Entities
Ford · Geely · Valencia · Almussafes · Ford Motor Company
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 10 SOURCES] Ford and Geely will form a joint venture to operate the Valencia plant.
- [● 10 SOURCES] Ford will own 66% of the new entity and Geely 34%.
- [● 10 SOURCES] The joint venture is expected to start operating in the first half of 2027.
- [● 10 SOURCES] First new vehicles from the joint venture are scheduled to roll off the production line in 2028.
- [● 10 SOURCES] The venture will produce five new vehicle models: continue the Ford Kuga, add a new Bronco, a joint compact crossover, and two Geely electric SUVs.
- [● 10 SOURCES] The Valencia plant has an annual capacity of about 500,000 vehicles but produced fewer than 100,000 units in the previous year.
- [● 10 SOURCES] The partnership aims to preserve roughly 4,200 jobs at the Valencia facility.
- [● 10 SOURCES] Producing cars in Spain allows Geely to avoid EU tariffs on Chinese‑built vehicles.
- [● 2 SOURCES] The workforce at Ford Almussafes feels more secure following the Geely alliance.
- [● 2 SOURCES] The Almussafes plant aims to produce 750 Kuga units daily.
- [● 2 SOURCES] Annual production for this year is projected to be below 90,000 units.
Timeline
-
[BUSINESS] 2 sourcesFord Almussafes factory celebrates 50 years of production in Spain
Ford's Almussafes plant in Spain celebrates 50 years of production, transitioning from its 1976 debut of the Fiesta to upcoming electric and multi-energy vehicle manufacturing in 2028.
-
[BUSINESS] 2 sourcesGeely to acquire stake in Ford's Spanish plant
Chinese automotive giant Geely will acquire a 34 percent stake in Ford's Spanish plant in 2027 to secure its European manufacturing presence and bypass potential EU tariffs.
-
[BUSINESS] 2 sourcesFord to build electric vehicle battery plant in Almussafes
Ford will build a new battery assembly plant for electric vehicles at its Almussafes factory in Valencia, Spain, amid ongoing facility upgrades and labor discussions regarding future staffing needs.
-
[BUSINESS] 9 sourcesFord Almussafes secures new production era via Geely alliance
Ford's Almussafes plant in Valencia enters a new era through an alliance with Geely, securing the production of five vehicle models by 2028 to stabilize long-term employment.
-
[BUSINESS] 9 sourcesSpain becomes a major hub for European electric vehicle production
Spain is becoming a central hub for European EV production as Ford and Geely form a joint venture in Valencia and manufacturers like Leapmotor and Stellantis expand operations in Zaragoza.
-
[BUSINESS] 2 sourcesFord and Geely partner for vehicle production in Valencia
Ford and Geely will form a joint venture at the Almussafes plant in Valencia, Spain, to produce multi-energy vehicles starting in 2027, signaling increased Chinese involvement in local industry.
-
[BUSINESS] 2 sourcesGeely offered customized training for Almussafes plant operations
The Generalitat Valenciana and UPV are offering customized training and research partnerships to Geely to support its upcoming joint venture with Ford at the Almussafes plant.
-
[BUSINESS] 3 sourcesFord appoints Jeff Jones to lead Geely joint venture in Valencia
Ford has named Jeff Jones president of its new joint venture with Geely in Valencia, Spain, which aims to produce five vehicle models starting in 2027 to boost production efficiency.
-
[BUSINESS] 6 sourcesGeely Auto expands Spanish presence through new dealerships and Ford partnership
Chinese automaker Geely Auto Group is expanding in Spain, growing its vehicle registrations in Valencia and entering the Ebre market through Autoforum Tortosa, ahead of a production deal at Ford's Almussafes.
-
[BUSINESS] 4 sourcesFord Almussafes resumes production following Geely alliance
Ford's Almussafes plant in Spain has resumed Kuga production, targeting 750 units daily, bolstered by a strategic alliance with Geely and renewed electrification agreement negotiations.
-
[BUSINESS] 3 sourcesFord to develop new compact SUV using Geely technology
Ford will partner with Geely to develop a new compact C-segment SUV using Geely’s GEA platform, offering hybrid and electric powertrain options.
-
[BUSINESS] 4 sourcesGeely expands global reach through new models and Ford partnership
Geely is launching the Monjaro EM-i internationally, while Ford plans to develop a new rally-inspired SUV using Geely’s GEA platform, with production set for Ford’s Valencia plant in Spain.
-
[BUSINESS] 5 sourcesFord and Geely partner to produce new SUVs in Spain
Ford and Geely will partner to produce new electric and hybrid SUVs at Ford’s Valencia plant in Spain starting in 2028, utilizing Geely’s GEA platform for a new compact Ford model.
-
[BUSINESS] 3 sourcesChinese automakers expand manufacturing presence in Spain
Chinese automakers Geely and BAIC are forming new manufacturing partnerships in Spain, including a joint venture with Ford in Valencia and the revival of the Santana Motors plant in Linares.
-
[BUSINESS] 4 sourcesFord Spain plant looks to Chinese partnership as salvation
Union leader says China is a lifeline for Ford’s Valencia plant as Geely and Ford launch a joint venture to build new‑energy vehicles in Spain.
-
[BUSINESS] 4 sourcesFord and Geely to co‑produce new Kuga SUV at Valencia plant
Ford and Geely will jointly produce a new multi‑energy Kuga SUV and other models at Valencia, starting 2027 with a 500,000‑unit annual capacity.
-
[BUSINESS] 6 sourcesChinese Auto Industry Expands in Europe with Spain, Germany Projects
Geely pushes into Europe with a German lithium project and a Spanish Ford joint venture, aiming to boost EV production and supplies.
-
[BUSINESS] 7 sourcesFord and Geely launch joint venture to produce vehicles in Valencia, Spain
Ford partners with China’s Geely to build vehicles at Valencia, Spain, with production slated for 2028, while Bill Ford warns the US must innovate to meet Chinese automotive competition.
-
[BUSINESS] 18 sourcesFord and Geely launch joint venture at Valencia plant
Ford and Geely form a 66%/34% joint venture at Valencia, Spain, set to run from 2027 and roll out five new models in 2028, boosting plant capacity and jobs.
-
[BUSINESS] 17 sourcesFord and Geely launch joint venture to revive Valencia plant
Ford and Geely formed a 66‑/34 % joint venture to run Valencia’s Ford plant, adding up to five models—including Geely electric SUVs—by 2028 and aiming to boost capacity and jobs.
-
[BUSINESS] 107 sourcesFord and Geely launch joint venture to revive Valencia plant
Ford (66 %) and Geely (34 %) will form a joint venture at Valencia’s Almussafes plant, launching five models in 2028 and preserving 4 000 + jobs while avoiding EU EV tariffs.
Sources
16valvulas.com.ar · 20minutos.es · actualidadmotor.com · actualitatvalenciana.com · aguaita.cat · alltomelbil.se · apuntmedia.es · auto-mania.cz · auto.blog.rs · auto.cz · autogear.pt · autoguru.at · autojournal.fr · autokiste.de · autokult.pl · automaistv.com.br · automobile-propre.com · automotiveworld.com · autonocion.com · autopro.com.vn · autoprove.it · autorepublika.com · autoszektor.hu · autotypos.gr · avronline.de · avto-magazin.metropolitan.si · avtoplus.mk · barulhocuritiba.bemparana.com.br · bbj.hu · bienpublic.com · bigportal.ba · biznis.kurir.rs · cafef.vn · capital.es · capital.gr · caranddriver.es · carandmotor.gr · careta.my · cash.ch · ccaa.elpais.com · challenges.tn · chiangraitimes.com · ciencia.ara.cat · clbc.ca · cnevpost.com · congnghe.vn · courage-online.de · cronicavasca.elespanol.com
This summary has been updated 25 times: see revision history