Geely

Ford and Geely announced today a joint venture to operate the Almussafes factory in Valencia from 2027. The alliance aims to increase plant utilization and produce five models from late 2028.

June 25, 2026 Iniulat ng AI

The US Commerce Department has denied Polestar authorization to sell new vehicles in the United States starting with the 2027 model year under the Connected Vehicles Rule. The Swedish brand, majority-owned by China's Geely, said it will continue selling existing inventory of the Polestar 3 and Polestar 4 while shifting focus to Europe. Polestar stock fell 6.3 percent on the Nasdaq following the announcement.