A Ford Motor Co. plant in Valencia, Spain, is poised to become the automaker's next electric-vehicle manufacturing base in Europe.
The company said Wednesday it has selected the Valencia facility as the "preferred site" to build vehicles on an all-new, next-generation EV architecture developed by Ford as the automaker boosts its EV production capacity in the region to achieve an all-electric passenger-vehicle lineup by 2026. The selection of the Valencia plant follows a months-long assessment that also included a factory in Saarlouis, Germany.
The plan to build electric vehicles in Valencia is pending product approval. If that happens, Ford expects to start producing vehicles on the next-generation architecture later this decade.
