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BUSINESSJul 23 · 19:00 UTCWPLG LOCAL 10 MIAMIBy ALEXA ST. JOHN, Associated Press

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 aims to strengthen Ford's competitiveness in Europe amid rising Chinese automaker influence and global market challenges. The venture, pending regulatory approval, will produce five vehicles, including Ford's Kuga plug-in hybrid, a new Bronco SUV, and Geely's electric SUVs, starting in 2028.

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