Ford in Talks With Geely to Share Europe Production Capacity

Ford Motor Co. has held discussions with China’s Zhejiang Geely Holding Group Co. about sharing manufacturing capacity in Europe, with the Detroit carmaker seeking new global partnerships as it overhauls its electric vehicle strategy.

A delegation of Ford executives visited China this week to discuss opportunities, including the use of its assembly plant in Valencia, Spain, according to a person familiar with the matter, who asked not to be identified as the information is private.

Utilizing the Valencia facility would be a win for both parties, allowing Geely to avoid paying hefty European tariffs on imports of made-in-China EVs, while ...