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Geely now owns 34% of Ford’s Spanish plant

ArenaEV
The newest chapter in the ‘European and American automakers just giving up and inviting the Chinese to take over’ saga has just been written. Ford will produce Geely vehicles at its plant in Valencia, Spain, alongside the Kuga and “a new generation of low- and zero-emission vehicles for European markets”, according to the official press release. Actually, Ford has established… Read more…