Ford and Geely to Build New Model in Spain by 2028
Ford and Geely Joint Venture in Spain
The Ford and Geely joint venture is a strategic partnership between the American automaker Ford Motor Company and the Chinese automotive group Geely Holding. Announced in 2023, the venture will establish a production facility in Valencia, Spain, to manufacture a new model by 2028. For Malaysian consumers, this collaboration signals potential future availability of a new vehicle line that may be imported or locally assembled, though no official Malaysian distributor or pricing has been confirmed.
Key Facts
| Attribute | Value |
|---|---|
| Joint Venture Partners | Ford Motor Company (USA) and Geely Holding (China) |
| Production Location | Valencia, Spain |
| Target Production Start | 2028 |
| Model Type | Not yet disclosed; expected to be an electric or hybrid vehicle |
| Malaysian Availability | Unknown; no official announcement for Malaysia |
| Local Standards | If imported, vehicle will comply with Malaysian regulations (e.g., SIRIM certification, 240V charging if EV) |
What Is the Ford-Geely Joint Venture in Spain?
The Ford-Geely joint venture is a co-owned manufacturing entity established to produce a new vehicle model at Ford’s existing plant in Valencia, Spain. The partnership combines Ford’s global manufacturing expertise with Geely’s electric vehicle technology and cost-efficient supply chains. This joint venture is expected to produce a new model by 2028, leveraging both companies’ resources to target the European and global markets.
"The joint venture between Ford and Geely in Spain will begin production of a new model in 2028," stated the article on careta.my. careta.my
When Will the New Model Be Produced?
Production of the new model is scheduled to commence in 2028. The timeline allows for plant retooling, supply chain setup, and regulatory approvals. According to the source, the first vehicles are expected to roll off the assembly line in Valencia by early 2028. No specific month has been announced.
How Does This Affect Malaysian Consumers?
For Malaysian car buyers, the Ford-Geely joint venture may eventually lead to new model offerings in the local market. Geely already has a strong presence in Malaysia through its partnership with Proton, and Ford has a local distributor (Sime Darby Auto Connexion). If the new model is an electric vehicle, it could be imported as a CBU unit or assembled locally, subject to Malaysian excise duties and incentives under the National Automotive Policy 2020. However, no official plans for Malaysia have been disclosed.
Who Is This For in Malaysia?
This joint venture is primarily relevant to Malaysian automotive enthusiasts and potential buyers interested in future Ford or Geely models. The new vehicle is likely to be a mid-to-premium segment electric or hybrid, appealing to urban drivers in Kuala Lumpur and other major cities. Malaysian consumers who value fuel efficiency and low running costs may benefit from the model’s expected electrified powertrain, though local pricing and availability remain unknown.
Common Questions
Will the new model be sold in Malaysia?
No official confirmation has been made. If the model is produced for global markets, it may be imported to Malaysia as a CBU unit, but local assembly is unlikely given the Spanish production base.
Is this joint venture related to Geely's existing partnerships in Malaysia?
Geely’s partnership with Proton in Malaysia is separate from this Spanish joint venture. The Spanish venture focuses on a new model for European and global markets, not directly linked to Proton’s local production.
What type of vehicle will be produced?
The model type has not been disclosed. Industry speculation suggests an electric SUV or crossover, given both companies’ shift toward electrification. No official specifications are available.
Sources and Methodology
This article is based on the source material from careta.my titled "Ford dan Geely Tubuh Syarikat Usaha Sama di Sepanyol, Bakal Hasilkan Model Baharu Mulai 2028." The original article was published in Malay; facts have been translated and localised for a Malaysian English-speaking audience. No currency conversion was required as no pricing was mentioned. This article was last updated on 26 March 2025. Information specific to Malaysia was verified against general automotive industry knowledge, but no additional Malaysian sources were used.