Dongfeng Nissan Passenger Vehicle Company, Nissan’s joint venture in China, will invest a total of RMB 500 million to set up a Venucia design center, an advanced engineering technology center and a corporate university in Huadu, China. The groundbreaking ceremony for the three business units was held yesterday with the first phase of the main construction expected to be completed in 2015.
The design center and the advanced engineering technology center will support Venucia exclusively. Venucia is the first joint venture automotive brand in China with its own such centers.
Dongfeng Nissan Passenger Vehicle Company (DFL-PV) is a business unit of Dongfeng Motor Co., Ltd. (DFL), Nissan's joint venture with Dongfeng Motor Group Co., Ltd. DFL-PV is engaged in research and development operations, manufacturing and distribution of passenger vehicles in China.
Read more from the press release here.
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