---
title: "Ford is in ‘very advanced’ talks to sell part of EU plant to China’s Geely, but there’s more"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285409920.md"
description: "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."
datetime: "2026-05-06T16:15:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285409920.md)
  - [en](https://longbridge.com/en/news/285409920.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285409920.md)
---

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

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.

## Is Ford selling its Valencia plant to Geely?

According to a report from the Spanish media outlet _La Tribuna de Automoción_, Volvo’s parent company, Geely, has agreed to buy the Body 3 vehicle assembly lines at its Valencia factory in Spain.

Sources familiar with the matter told _La Tribuna de Automoción_ that Geely is considering building a new vehicle at the facility, codenamed “135” internally.

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.

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