IKCO Engine Output Sets Record
EghtesadOnline: IKCO managed to register growth in the production of EF7 engine series in the fiscal 2022-23.
Iran Khodro Company (IKCO) has produced the highest number of vehicle engines (also known as EF7 engines) ever manufactured by this company and set a “historic record”.
IKCO succeeded in producing the largest number of national engines, which previously belonged to the fiscal 2017-18, by producing 116,909 engines in the fiscal 2022-23, the news portal of the company, IKCO Press, reported on Feb. 15.
The company also registered a 79% growth in the production of turbo engines (manual and automatic) compared with the corresponding period of last year.
The production of national engines started in the fiscal 2005-06 with a capacity of 491 engines per year.
The company announced that the timely supply of parts was the main reason behind the rise in the output of EF7 engines.