--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)

Copyright (c) 2023 Dow Jones & Company, Inc.
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