Ford said on Thursday that it will be manufacturing a new sport utility vehicle at its Valencia, Spain, plant.

The carmaker stated, “We are actively watching how the European markets develop for opportunities to improve our current product offering.” “Given the changes we see in the industry, we believe there is an opportunity to add an all-new multi-energy SUV to the Europe cycle plan, to be manufactured in Valencia.”

Ford stated that an official decision was still pending on this. The revelation that Ford was considering producing a new passenger car at the Almufasses facility in Valencia was initially revealed by the Spanish publication Cinco Dias.

Pedro Sanchez, the prime minister of Spain, welcomed the decision, calling it good news for Valencia and the Ford Spain employees. Fantastic news for the people of Valencia, Spain, and @FordSpain employees. He stated in a message on X that “the company’s decision to produce electric vehicles guarantees the viability of the Almufasses plant for the coming years.”

The 4,800-person plant only produces the Ford Kuga because production of other models has been reduced recently. On Thursday, the General Workers Union (UGT) declared: “Almussafes will maintain a sufficient workload and will have a new vehicle.”