Geely will manufacture electric cars at Ford’s underused plant in Spain under a deal announced by Prime Minister Pedro Sanchez
A Ford factory in Spain will be used by Chinese auto-giant Geely to build electric vehicles for the European market, Spanish Prime Minister Pedro Sanchez has announced, confirming earlier media reports.
The deal will give the automaker its first vehicle production site in the EU, allowing it to bypass the bloc’s tariffs on Chinese-made electric vehicles.
Geely will build vehicles on an idle assembly line at Ford Motor Company’s facility in Almussafes, Valencia, Sanchez announced on Thursday during a visit to the plant…
Read the full article at RT.COM
