Ford and Geely have announced a joint venture to build two electric SUVs at Ford's Valencia, Spain plant, with Ford holding 66% ownership. The collaboration aims to utilize Ford's underutilized factory capacity, which operated at just 26% utilization in 2025. This move comes amid pressure from EU regulations requiring EVs to be at least 70% made in Europe to qualify for subsidies, prompting Chinese automakers like Geely, BYD, and others to secure European production sites. While Ford sees the partnership as a strategic move to fill idle capacity and expand its EV offerings, U.S. lawmakers criticize the decision, highlighting potential contradictions in Ford's approach to Chinese automotive partnerships.
Bias read (Center): The article presents a balanced view of the situation, discussing both the economic motivations behind Ford and Geely's partnership and the political concerns raised by U.S. representatives. It does not overtly favor one side over the other but highlights the complexity of the issue, including the U



