Ford in Talks With China’s Geely on Europe Factory Tie-Up (1)

Ford Motor Co. has held discussions with China’s Zhejiang Geely Holding Group Co. about sharing manufacturing capacity in Europe, with the US 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 plant in Valencia, Spain, according to a person familiar with the matter, who asked not to be identified as the information is private.

Sharing the Valencia facility could be a win for both parties, allowing Geely to avoid paying European tariffs on imports of made-in-China EVs and boosting output ...