China's Geely, the parent company of Volvo and Lynk & Co, is making a significant move in its European electric vehicle (EV) expansion plans. In a strategic partnership, Geely has secured access to Ford's Spanish manufacturing plant in Valencia, marking a major step forward in the company's efforts to establish itself as a major player in the European EV market. With the plant's production capacity and Geely's own technological expertise, the company aims to produce a range of EVs for the European market, capitalizing on the growing demand for eco-friendly vehicles. As Geely continues to expand its global reach, this partnership is seen as a crucial move in solidifying its position in the highly competitive European automotive market.
Powering ahead: China’s Geely taps Ford’s Spain plant for European EV expansion South China Morning Post