Ford and Geely will share the Almussafes plant in Spain
Ford and Geely have agreed to form a joint venture to revitalize the Almussafes factory in Valencia, Spain. This partnership aims to secure the future of the plant by producing a new generation of electric and plug-in hybrid vehicles starting in 2028.
The Ford facility has been operating at reduced capacity, sparking concerns about potential closures among the workforce. Under the new deal, Ford will hold a 66% stake in the joint venture, while Geely will own the remaining 34%. Operations are expected to merge within the first half of 2027.
The production line will feature a mix of vehicles:
▫️ Ford Kuga and the new Ford Bronco Sport
▫️ Two Geely electric models
▫️ One joint multi-energy model designed with Ford’s driving dynamics
Unlike recent collaborations where Geely partnered with Renault or Volkswagen to share platforms, this deal directly integrates Geely into an established Ford production site to prevent its obsolescence.
#Ford #Geely #Automotive
Xataka
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Ford and Geely have agreed to form a joint venture to revitalize the Almussafes factory in Valencia, Spain. This partnership aims to secure the future of the plant by producing a new generation of electric and plug-in hybrid vehicles starting in 2028.
The Ford facility has been operating at reduced capacity, sparking concerns about potential closures among the workforce. Under the new deal, Ford will hold a 66% stake in the joint venture, while Geely will own the remaining 34%. Operations are expected to merge within the first half of 2027.
The production line will feature a mix of vehicles:
▫️ Ford Kuga and the new Ford Bronco Sport
▫️ Two Geely electric models
▫️ One joint multi-energy model designed with Ford’s driving dynamics
Unlike recent collaborations where Geely partnered with Renault or Volkswagen to share platforms, this deal directly integrates Geely into an established Ford production site to prevent its obsolescence.
Empty factory space costs more to maintain than a shared production line.
#Ford #Geely #Automotive
Xataka
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Ford unveils the Fathom, an electric pickup for $28,350
Ford is finally bringing a truly affordable electric pickup to the market with its new Fathom. The vehicle is set to launch next year with a starting price of $28,350, completely skipping the need for federal tax credits to keep costs down. 🚀
This is the first vehicle built on the company's new Universal EV Platform. This architecture is specifically engineered to strip out the manufacturing complexity that usually drives up the price of electric cars, without sacrificing the features drivers actually want.
This positions the Fathom as a direct rival to the Slate Truck. While the Slate Truck starts at a lower price point of roughly $24,000, it achieves that by stripping away nearly all niceties, including paint. Ford clearly believes that offering a fully featured truck for just a bit more money will be the more attractive choice for most buyers.
It looks like the fight for the budget-friendly EV segment is heating up.
#Ford #Fathom #EV
The Verge
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Ford is finally bringing a truly affordable electric pickup to the market with its new Fathom. The vehicle is set to launch next year with a starting price of $28,350, completely skipping the need for federal tax credits to keep costs down. 🚀
This is the first vehicle built on the company's new Universal EV Platform. This architecture is specifically engineered to strip out the manufacturing complexity that usually drives up the price of electric cars, without sacrificing the features drivers actually want.
The company is aiming to deliver low-cost electric mobility by building this truck on a new platform assembled in an innovative way.
This positions the Fathom as a direct rival to the Slate Truck. While the Slate Truck starts at a lower price point of roughly $24,000, it achieves that by stripping away nearly all niceties, including paint. Ford clearly believes that offering a fully featured truck for just a bit more money will be the more attractive choice for most buyers.
It looks like the fight for the budget-friendly EV segment is heating up.
Practicality finally gets a real price tag.
#Ford #Fathom #EV
The Verge
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