# Ford and Geely form joint venture for Valencia plant, targeting 500,000 vehicles/year

Ford and Geely Auto announced a joint venture where Ford holds 66% and Geely 34%, to produce vehicles at Ford's Valencia, Spain plant. The venture aims for annual capacity of 500,000 vehicles, with Ford planning to add four new models by 2029, including a European Bronco SUV and a multi-energy crossover.

- Type: Partnership
- Announced: 2026-11-09
- Where: Valencia, Spain, Spain
- Status: announced
- Capacity: 500,000 vehicles per year
- Products: SUV, multi-energy crossover, Bronco SUV
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [blckpress.org](https://blckpress.org/article/ford-and-geely-s-shock-deal-what-s-next-for-european-car-manufacturing), 2026-11-09: "The deal, which has been months in the making, will see the creation of a joint entity with Ford holding a majority stake (66%) and Geely Auto, a Chinese powerhouse, owning the remaining 34%."

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