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Ford Repurposes China Ventures as Geely Deal Targets EU EV Production

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Sig2.70Sen+3.40Env+1.60Soc+0.30Gov+1.20

Ford is scaling down investments in China and repurposing its Changan Automobile and Jiangling Motors joint ventures to export vehicles globally. Pending regulatory approvals, Ford and Chinese automaker Geely plan a new Europe joint venture to build vehicles at a Ford plant in Spain, with Ford owning 66% and Geely 34%, supporting new EV and Bronco-family models.

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