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(A Geely Xingyuan displayed at the Shanghai Auto Show in April 2025. Image credit: CnEVPost)<\/p>\nGeely plans to use the line to produce a model based on the GEA architecture, likely a localized European version of the Geely Xingyuan.
\nIn addition to meeting its own brand’s capacity needs, Ford may also launch a co-developed model based on Geely’s technology platform.<\/p>\n
(A Geely Xingyuan displayed at the Shanghai Auto Show in April 2025. Image credit: CnEVPost)<\/p>\n
Chinese auto giant Geely Auto (HKG: 0175) has reached an agreement to acquire the Body 3 assembly line at Ford Motor’s Almussafes plant in Valencia, Spain, Spanish media outlet La Tribuna de Automoci\u00f3n reported<\/a> Tuesday.<\/p>\n By taking over the currently inactive facility, Geely is expected to establish independent vehicle manufacturing operations in Europe.<\/p>\n Geely plans to use the line to produce a new energy vehicle (NEV) model based on the GEA (Global Intelligent New Energy Architecture) platform, the report said, citing an industry source familiar with the negotiations.<\/p>\n Currently identified by the internal code 135, the vehicle is believed to offer European consumers three powertrain options: hybrid, plug-in hybrid, and fully electric, the report said.<\/p>\n The NEV model is likely a localized European version of the compact electric SUV Geely EX2 (Xingyuan in China), the report noted.<\/p>\n Aside from meeting Geely’s own capacity needs, Ford could also potentially launch a collaborative model based on this Geely technology platform, the report said.<\/p>\n If a comprehensive manufacturing partnership is successfully reached, the Valencia plant’s overall capacity could rebound to pre-Covid-19 levels, when the facility produced five models with an annual output of over 300,000 vehicles.<\/p>\n Geely plans to leverage Ford’s existing manufacturing infrastructure in Europe to produce vehicles for the local market, strategically bypassing tariff pressures.<\/p>\n As legacy overseas automakers, including Ford and Nissan<\/a>, continue to shrink inefficient combustion-engine capacity, Chinese domestic brands are actively taking over idle capacity globally.<\/p>\n China’s automotive globalization strategy is completing a critical evolution from simple product exports to building localized overseas supply chains in response to rising trade barriers.<\/p>\n In February, Reuters reported that Ford and Geely were in talks<\/a> over a potential partnership, as both sought to share increasingly complex technology and manufacturing costs.<\/p>\n The two sides discussed Geely using Ford’s European plants to produce vehicles for the European market, and also explored a potential framework for sharing automotive technologies, including autonomous driving, according to a February 4 report by Reuters.<\/p>\n
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