Ford selects Spain to build EVs for Europe

A Ford Motor Co. plant in Valencia, Spain, is poised to become the automaker’s next electric-vehicle manufacturing base in Europe, The Detroit News reports.

Ford 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.

Ford is targeting 600,000 EV sales annually by 2026, by which time it expects to have annual sales of 2 million EVs globally. Ford is targeting zero emissions for all vehicle sales in Europe and carbon neutrality across its footprint in the region by 2035.