Japanese carmaker Nissan's Chinese joint venture Dongfeng Motor (DFL) is planning to invest $800m to build a new vehicle manufacturing facility in Dalian, Liaoning Province, China.
The Dalian plant is scheduled to begin the production of passenger vehicles in 2014, with an initial capacity of 150,000 units per year which planned to be expanded up to 300,000 units later.
Nissan Motor executive vice president Hiroto Saikawa said China is the company's largest market today and will continue to be one of Nissan's most important engines of growth.
"Together with the Huadu plant in the south and the Xiangyang and Zhengzhou plants in central China, the Dalian plant in the northeast will be an important addition to our local supply base to realize our sales target of 2 million units in China by 2015," Saikawa said.
DFL along with its Chinese joint venture partner has also signed a contract to supply 1,000 Venucia brand electric vehicles (EVs) to the pilot programme conducted by the Dalian city government by 2014.
DFL president Kimiyasu Nakamura said, "DFL will launch the VENUCIA EV adapting Nissan's advanced EV technology and will continue to work with governments to realize this vision."
Nissan along with DFL is also planning to open new facilities and unveil 30 new models by 2015 in China.
