ZF Friedrichshafen is to open a third Chinese R&D centre in Guangzhou, southern China.
ZF plans to invest €90 million (£77 million) in the R&D facility, which is set to be operational by 2023. It will also be home to a satellite of the Shanghai R&D centres which ZF said would help it to optimally serve customers in southern China.
ZF already has two R&D centres in China, both in Shanghai, one for active and passive safety technology and one for driveline and chassis technology.
The Guangzhou site will have core competencies in engineering and research and development and will cover aspects such as software development and related technologies for the mobility of the future.
Dr. Holger Klein, member of ZF’s Board of Management and responsible for the Asia-Pacific region said:“The decision to build a third development centre in China is of great importance and confirms ZF’s strategic goal of further expansion in the largest global automotive market.
“The new centre will develop key technologies and system solutions for ZF that we can also use in other market regions.”
