Tesla in Talks to Build EV Plant in Spain, Cinco Dias Reports
June 08 2023 - 09:01AM
Dow Jones News
--Tesla is in negotiations to build an electric-vehicle assembly
plant near Valencia, Spain, Spanish business daily Cinco Dias
reports, citing unnamed sources.
--The U.S. EV maker is in talks with the government of
Valencia's region--where Ford Motor has a plant and Volkswagen's
PowerCo is building a battery factory--for an investment that could
exceed 3 billion euros ($3.21 billion), Cinco Dias reports.
--Tesla didn't immediately respond to a request for comment, and
a spokeswoman for the regional government declined to comment.
Full story (in Spanish): https://t.ly/J_ni
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
June 08, 2023 08:46 ET (12:46 GMT)
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