politics

Geely to Produce Electric Vehicles at Ford's Spanish Facility in New Partnership

23 Temmuz 2026CNBC

China's Geely and Ford have announced a new joint venture to produce electric vehicles at a Ford plant in Spain. The venture is set to begin operations in the first half of 2027, with the first vehicles expected to be produced in 2028.
This collaboration marks a significant step in the automotive industry's shift towards electric mobility.
As the global automotive industry faces pressure to transition to electric vehicles, collaborations like this one are becoming more common. The European market, in particular, is increasingly prioritizing sustainable transportation solutions, making this joint venture strategically significant for both companies.
The partnership between Geely and Ford underscores the increasing importance of collaboration in the automotive sector, particularly as companies strive to meet the growing demand for electric vehicles. By leveraging Ford's existing infrastructure in Spain, Geely can expedite its entry into the European market while…

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