Ford to partner with Chinese automaker Geely in Spain in new joint venture

Ford and Chinese automaker Geely announced a joint venture to manufacture low- and zero-emission vehicles at Ford's Valencia, Spain factory. The partnership, pending regulatory approval, will focus on five vehicles, including Ford's Kuga plug-in hybrid and a new Bronco SUV, as well as two Geely electric SUVs and a jointly developed crossover model starting in 2028.