<div id="readability-page-1"><figure><img width="1400" height="700" src="https://imageproxy.pbkrs.com/https://electrek.co/wp-content/uploads/sites/3/2026/05/Ford-plant-China-Geely-EVs.jpeg/query-cXVhbGl0eT04MiZzdHJpcD1hbGwmdz0xNDAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://electrek.co/wp-content/uploads/sites/3/2026/05/Ford-plant-China-Geely-EVs.jpeg/query-cXVhbGl0eT04MiZzdHJpcD1hbGwmdz0xNDAw"/></figure><p>Ford is reportedly in “very advanced” talks with Volvo owner, Geely, to sell a portion of its Valencia plant in Spain. The deal may involve a new electric vehicle.</p><span id="more-466136"></span><h2 id="h-is-ford-selling-its-valencia-plant-to-geely">Is Ford selling its Valencia plant to Geely?</h2><p>According to a report from the Spanish media outlet <em>La Tribuna de Automoción</em>, Volvo’s parent company, Geely, has agreed to buy the Body 3 vehicle assembly lines at its Valencia factory in Spain.</p><p>Sources familiar with the matter told <em>La Tribuna de Automoción</em> that Geely is considering building a new vehicle at the facility, codenamed “135” internally.</p><p>The vehicle, likely the EX2, will be available with hybrid, plug-in hybrid, and all-electric powertrains based on Geely’s GEA (Global Intelligent Electric Architecture) platform.</p></div>

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<p>Ford is in advanced discussions with Geely to sell part of its Valencia plant in Spain, specifically the Body 3 vehicle assembly lines. The deal may lead to the production of a new electric vehicle, internally codenamed “135,” which is expected to offer hybrid, plug-in hybrid, and all-electric options based on Geely’s GEA platform.</p>

- Ford is in advanced negotiations with Geely to sell part of its Valencia plant in Spain.  
- Geely intends to utilize the site's Body 3 vehicle assembly lines for a new electric vehicle, potentially called the EX2.  
- This vehicle will feature hybrid, plug-in hybrid, and all-electric options using the GEA platform.

Electrek

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Ford is in ‘very advanced’ talks to sell part of EU plant to China’s Geely, but there’s more