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Mobility

Ford, Geely to set up European production joint venture, target first mass-produced vehicles in 2028

Ford will partner with China’s Geely to jointly produce electric and plug-in hybrid vehicles in Europe, with plans to set up a new joint venture at a Valencia, Spain, plant. The companies are reviewing a system capable of producing about 500,000 vehicles a year by using idle capacity. Subject to regulatory approval, Ford would hold 66 percent and Geely 34 percent. Production preparations start in the first half of 2027, with first vehicles due in 2028.

Industry

U.S. used electric vehicle prices rise, holders gain and buyers face higher costs

Used electric vehicle prices in the United States are rising again this year. Recurrent calculated prices have climbed 5.1 percent since January, with vehicles priced below $20,000 up 9.4 percent from January to June. Several models posted gains, while used EVs above $40,000 continued to fall. The market is also seeing stronger sales, with second-quarter used EV volume exceeding 128,000 vehicles, and gasoline prices are cited as a factor supporting demand.

Mobility

EU mandates driver face-monitoring cameras in new cars, raising privacy concerns

The European Union has made it mandatory for all new cars sold in the bloc to carry cameras that monitor a driver\'s face direction in real time to reduce drowsy driving and distraction-related crashes. The Advanced Driver Distraction Warning system tracks a driver’s gaze and triggers alerts when eyes leave the road for set periods. Critics cite frequent warnings in normal driving and say how video and gaze data are analysed, stored and deleted remains unclear, raising privacy concerns under EU rules.