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

Ford and China's Geely have reportedly reached an agreement for Geely to produce electric vehicles at the Ford Almussafes plant near Valencia, Spain. The partnership involves the joint development of an electric SUV model specifically for the European market. This deal is expected to be officially announced during a July 23 visit to the factory by Spanish Prime Minister Pedro Sánchez and Ford Europe President Jim, as reported by Reuters and the Spanish newspaper ABC.