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.
