GermanyFord and Chinese automaker Geely Auto have announced plans to jointly produce five vehicle models at Ford’s factory in Almussafes, Spain, starting in 2028. The joint venture will include electric vehicles, plug-in hybrids, and extended-range electric cars for the European market. Ford will hold a 66% stake in the new entity, while Geely will own 34%. The facility currently produces the Ford Kuga but has been underutilized. This partnership aims to address stricter EU trade policies targeting Chinese EV imports by ensuring production within the EU to avoid tariffs and comply with local content regulations. Geely will build two electric SUVs at the site, including the EX5, which is already sold in Europe, and a second model still in development.
Bias read (Center): The article provides a balanced overview of the joint venture between Ford and Geely, focusing on business strategy, production plans, and regulatory considerations. It does not exhibit overtly biased language, one-sided sourcing, or emphasis on political implications over business motivations.
