According to insiders, Geely has agreed to buy the third and newest building at Ford’s Almussafes plant in Valencia. The deal covers Geely models on the GEA platform (BEV and PHEV) plus new affordable Ford models on the same architecture. The main candidate from Geely’s side is the Xingyuan (also sold as the EX2).
The plant: Almussafes, Valencia. Capacity 450,000 units/year. Currently producing only the Ford Kuga — one model against a plant built for nearly half a million.
What Ford gets out of it: An entry-level electric crossover in the Dacia Duster price bracket has been on Ford’s wishlist for years; the GEA platform could deliver it without a full in-house development program.
Context: Ford’s European factory situation is acute — the Saarlouis plant in Germany closed after Focus production ended, and the Cologne plant is running at reduced load (Explorer and Capri only). Ford has also arranged to produce two budget EVs at Renault’s French plants, but that doesn’t load Ford’s own facilities.
Deal terms haven’t been published.
