Chinese automaker Geely Auto has signed an agreement with Ford Motor to produce electric and multi-energy vehicles at an idle Ford factory in Almussafes, near Valencia, Spain. The joint venture aims to start delivering cars by 2028, according to a statement from Geely on Thursday. Geely, China’s second-largest carmaker, will hold a 34% stake in the venture, while Ford will control the remaining share. The factory, which had been inactive, will be revived to support Geely’s global expansion and Ford’s efforts to repurpose redundant capacity. This partnership marks another step in Geely’s push into the European electric vehicle market. The company already owns Volvo Cars and has a stake in other EV makers. The deal also reflects the growing trend of Chinese automakers collaborating with legacy manufacturers to gain a foothold in Europe amid increasing demand for cleaner cars. Production will focus on multi-energy vehicles, which can include battery electric, hybrid, or other alternative fuel models. The two companies did not disclose the total investment or the number of vehicles planned. Local officials welcomed the agreement as a boost for the region’s automotive industry. The plant’s revival is expected to create jobs and strengthen the local supply chain. Geely has been expanding its global footprint, with factories and partnerships in several countries. This venture is one of several recent Chinese investments in European auto manufacturing.