<div id="readability-page-1"><blockquote><ul><li>Geely plans to use the line to produce a model based on the GEA architecture, likely a localized European version of the Geely Xingyuan.</li><li>In addition to meeting its own brand's capacity needs, Ford may also launch a co-developed model based on Geely's technology platform.</li></ul></blockquote><figure id="attachment_140333"><img src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/05/2026050705503581.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1600" height="900" original-src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/05/2026050705503581.jpg"/><figcaption id="caption-attachment-140333">(A Geely Xingyuan displayed at the Shanghai Auto Show in April 2025. Image credit: CnEVPost)</figcaption></figure><p>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 Automoción reported Tuesday.</p><p>By taking over the currently inactive facility, Geely is expected to establish independent vehicle manufacturing operations in Europe.</p><p>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>    <div>        <p><span>Join us on </span>            Telegram            <span> or </span>            Google News        </p>    </div><p>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><p>The NEV model is likely a localized European version of the compact electric SUV Geely EX2 (Xingyuan in China), the report noted.</p><p>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><p>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><p>Geely plans to leverage Ford's existing manufacturing infrastructure in Europe to produce vehicles for the local market, strategically bypassing tariff pressures.</p><p>As legacy overseas automakers, including Ford and Nissan, continue to shrink inefficient combustion-engine capacity, Chinese domestic brands are actively taking over idle capacity globally.</p><p>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><p>In February, Reuters reported that Ford and Geely were in talks over a potential partnership, as both sought to share increasingly complex technology and manufacturing costs.</p><p>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>    <div>        <div>            <p><img width="768" height="432" src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/05/2026050110391629-768x432.jpg?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://cnevpost.com/wp-content/uploads/2026/05/2026050110391629-768x432.jpg"/>                            </p>        </div>        <div>            <p>Geely April sales edge up as record exports offset domestic slump</p>            <p>Geely's overseas sales surged 244.70% year-on-year in April, while domestic sales tumbled 27.62%.</p>                    </div>    </div>                                                                                    </div>

00175

GELYY

GELHY

515700

516380

CARZ

515030

MOTO

<p>Geely Auto has agreed to acquire Ford's Body 3 assembly line at the Almussafes plant in Valencia, Spain, to enhance its European electric vehicle production. The facility will produce a new energy vehicle based on the GEA architecture, likely a localized version of the Geely Xingyuan, offering hybrid, plug-in hybrid, and fully electric options. This move aims to leverage Ford's infrastructure and potentially allow for a collaborative model between the two companies, as they explore sharing technology and manufacturing costs amid a shift in the automotive landscape.</p>

- Geely Auto has reached an agreement to acquire the Body 3 assembly line at Ford's Almussafes plant in Spain to establish independent vehicle manufacturing in Europe.  
- Geely intends to use this facility to produce a new energy vehicle (NEV) model based on the GEA platform, likely a European version of the Geely Xingyuan, offering hybrid, plug-in hybrid, and fully electric options.  
- This move may also enable a partnership with Ford for a co-developed model, potentially restoring the plant’s capacity to pre-COVID-19 levels, countering the trend of legacy automakers reducing combustion-engine production.

Geely to acquire Ford Spain facility for European EV expansion, report says