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Ford to Build New Partly Electric Car at Spanish Plant From 2027

Ford currently assembles its Kuga SUV at the plant, which employs 4,800 people ( Reuters)
Ford currently assembles its Kuga SUV at the plant, which employs 4,800 people ( Reuters)
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Ford to Build New Partly Electric Car at Spanish Plant From 2027

Ford currently assembles its Kuga SUV at the plant, which employs 4,800 people ( Reuters)
Ford currently assembles its Kuga SUV at the plant, which employs 4,800 people ( Reuters)

US automaker Ford plans to start production of a new partly electric car at its plant in the Valencia region of Spain starting in 2027, a company spokesperson said on Friday.

Ford had said in March that it was considering making a new, multi-energy passenger car at its Valencia plant, Reuters reported.

Spain's Industry Ministry said the carmaker aimed to produce 300,000 units of the new vehicle annually. "It is a model that will guarantee the workload for this factory and prepare it for the future," the ministry said in a statement.

Ford currently assembles its Kuga SUV at the plant, which employs 4,800 people, after cutting back output of other models in recent years.

The Ford Spain spokesperson said the new car will be assembled for markets in Europe and elsewhere.

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SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia
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SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

The Saudi Central Bank (SAMA) and Google have signed an agreement to introduce Google Pay in Saudi Arabia during 2025 through the national payment system mada, according to a press release from SAMA.
This agreement aligns with SAMA’s ongoing efforts to enhance the Kingdom’s digital payments ecosystem as part of Saudi Vision 2030.

According to SPA, it underscores SAMA’s commitment to developing a robust digital payments infrastructure, facilitating the transition to a less cash-dependent society by offering advanced digital payment solutions that meet international standards.
Google Pay will provide users with an advanced and secure method for making purchases in stores, apps, and on the web. Users will also be able to conveniently add and manage their cards within Google Wallet.
This initiative is part of a broader series of solutions aimed at meeting market demands and strengthening Saudi Arabia’s position as a global leader in FinTech.