[REVISION HISTORY]

Ford-Geely Valencia plant joint venture

Updated 25 times since CLSTR started tracking revisions of this situation.

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2026-10-22 01:13 UTC → 2026-10-26 21:24 UTC · added ~~removed~~

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. ~~This transition follows a period of significant production decline; in 2025, output fell below 100,000 units, a sharp decrease from the 345,000 units produced in 2019.~~ Geely’s entry is viewed as a strategic move to establish a manufacturing presence within the European Union and potentially circumvent protective tariffs.

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