- Ford Geely Valencia JV will produce European multi-energy vehicles.
- Shared manufacturing hub will support electric SUV production growth.
Ford and Geely establish Valencia joint venture for European vehicle production
On July 23, Ford Motor Company and Geely Automobile Holdings agreed to establish the Ford Geely Valencia JV focused on producing multi-energy passenger vehicles for the European market. The proposed joint venture will operate from Ford's manufacturing hub in Valencia, Spain, and aims to create a flexible production environment supporting different powertrain technologies. The partnership is subject to regulatory approvals and is expected to begin operations during the first half of 2027.
The new joint venture will transform Ford's Valencia manufacturing facility into a shared, high-tech production hub with a potential annual capacity of around 500,000 vehicles. Under the proposed ownership structure, Ford will hold a 66% stake in the new entity, while Geely Auto will own the remaining 34%. The collaboration is designed to combine Ford's manufacturing capabilities with Geely's expertise in electric and multi-energy vehicle technologies for the growing European automotive market.
| Joint Venture Detail | Information |
|---|---|
| JV Location | Valencia, Spain |
| Ownership Structure | Ford 66%, Geely Auto 34% |
| Expected Operations Start | First half of 2027 |
| Vehicle Production Start | 2028 |
| Potential Annual Capacity | Around 500,000 vehicles |
Production of the first new vehicles from the joint venture is scheduled to begin in 2028. Ford will continue manufacturing the Kuga at the Valencia plant and will introduce a new Bronco off-road SUV, with production planned to start in the same year. The facility will also produce an all-new multi-energy crossover designed by Ford and jointly developed with Geely, expanding the company's European vehicle portfolio.
Geely plans to manufacture two electric SUVs at the Valencia facility, with production of the first models expected to commence in 2028. The planned electric vehicle production will strengthen the plant's role in supporting electrification strategies and provide additional manufacturing capacity for battery-powered vehicles in the European market. The collaboration highlights increasing cooperation between global automotive companies to optimize production networks and accelerate new vehicle development.
The Ford and Geely partnership represents a strategic manufacturing collaboration focused on passenger vehicle production, electrification, and multi-energy mobility solutions. By combining existing manufacturing infrastructure with new vehicle programs, the Valencia facility is expected to become an important production location for future vehicles targeting European customers. The joint venture will continue through regulatory approval processes before moving toward operational implementation.
Frequently Asked Questions
When will the Ford Geely Valencia JV start vehicle production?
The Ford Geely Valencia JV is expected to begin producing its first new vehicles in 2028 after starting operations in the first half of 2027. The partnership will manufacture multi-energy passenger vehicles, including electric SUVs and a new crossover model. The Valencia facility in Spain will be transformed into a shared manufacturing hub with potential annual capacity of around 500,000 vehicles. The project remains subject to regulatory approvals before final implementation.
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