Ford and Geely reportedly reach deal to produce EVs at Spanish plant

Ford Motor and China’s Geely have reportedly reached an agreement for Geely to produce electric vehicles at Ford’s Almussafes plant near Valencia, Spain, Reuters reported, citing Spanish newspaper ABC. The deal is expected to be announced during a July 23 visit to the factory by Spanish Prime Minister Pedro Sánchez and Ford Europe President Jim Baumbick. ABC reported that Geely could produce its EX2 electric vehicle at the plant.