# Ford and Geely to form joint venture in Valencia, Spain

Ford and Chinese Geely announced a joint venture at Ford's plant in Valencia, Spain, on July 23, 2026. From 2028, the facility will produce new Ford models and two electric SUVs from Geely. Ford will hold a 66% stake and Geely 34%.

- Type: Partnership
- Announced: 2026-07-23
- Where: Valencia, Spain, Spain
- Status: announced
- Products: Ford models, Geely electric SUVs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ford](https://endata.com/companies/1343.md) (partner)
- [Geely Holding](https://endata.com/companies/25757.md) (partner)

## Sources

- [ads.bankingnews.gr](https://ads.bankingnews.gr/diethni/articles/909516/automotive-giants-capitulate-why-ford-nissan-and-stellantis-surrender-factories-to-china), 2026-11-06: "The collaboration provides for the utilization of shared production capacity for manufacturing vehicles of both brands"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.