# Ford and Geely form joint venture for Valencia plant

Ford and Geely Auto have formed a joint venture to produce vehicles at Ford's Valencia plant in Spain, with Ford holding a 66% stake and Geely 34%. The venture targets an annual capacity of 500,000 vehicles and plans to add four new models by 2029, including a Bronco SUV and a multi-energy crossover.

- Type: Partnership
- Announced: 2026-11-08
- Where: Valencia, Spain
- Status: announced
- Capacity: 500,000 vehicles per year
- Products: SUV, multi-energy crossover
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ford Motor Company](https://endata.com/companies/3544.md) (partner)
- [Geely Auto](https://endata.com/companies/25741.md) (partner)

## Sources

- [sylars.com](https://sylars.com/article/ford-and-geely-s-shock-deal-what-s-next-for-european-car-manufacturing), 2026-11-08: "This strategic partnership, centered around a new joint venture, promises to deliver exciting new vehicles and secure the future of Ford's Spanish factory in Valencia."

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