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China carmakers to team | Northwest Arkansas Democrat-Gazette

Cars Northwest Arkansas Democrat Gazette ✦ xCruzo 🇺🇸🇪🇸
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China carmakers to team | Northwest Arkansas Democrat-Gazette
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China carmakers to team | Northwest Arkansas Democrat-Gazette: Ford and Geely Auto announced plans to jointly manufacture low- and zero-emission vehicles at Ford’s Valencia, Spain plant, pending regulatory approval. The partnership, scheduled to focus on five vehicles, is designed to help Ford strengthen its European lineup as Chinese automakers expand global sales. The joint venture ownership would be two-thirds Ford and one-third Geely, which also controls brands including Volvo and Polestar. Ford said it will continue production of the Ford Kuga plug-in hybrid and will begin production of a new Bronco SUV in 2028. Geely plans to produce two electric SUVs at Valencia, with the first also starting in 2028, and the companies will co-develop a new “multi-energy” crossover arriving in 2028. The release cited intense competition, cost pressure, and tightening regulation reshaping the European market, positioning Valencia around an emerging cost benchmark. The news arrives amid U.S. tariff-driven pressure, though Ford executives have emphasized sharing intellectual property and partnerships outside the U.S.

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