EghtesadOnline: Iranian carmakers have implemented a double-pronged strategy to curb their reliance on foreign suppliers: expanding ties with local tech firms and academia, as well as collaborating with armed forces.
EghtesadOnline: Major local carmaker Iran Khodro (IKCO), in collaboration with Iran Taxi Union, is replacing 40,000 dilapidated taxis with CNG-hybrid vehicles with Euro 4 and Euro 5 standards.
EghtesadOnline: Major Iranian carmaker Iran Khodro Company (IKCO) has curbed capital flight to the tune of €137 million through the localization of 54 auto parts in the first six months of the current Iranian year (March 20- Sept. 21), a senior company official said.
EghtesadOnline: Major Iranian automaker SAIPA has signed an agreement with the Iranian Army’s Air Force, based on which the latter’s technologies will be shared with the carmaker.
EghtesadOnline: In line with efforts to deepen the localization of auto parts production, 175 projects have been launched by Iran’s major carmaker Iran Khodro (IKCO), the company’s CEO said.
EghtesadOnline: Carmaker Iran Khodro (IKCO) has launched nine localization projects to curb the company’s capital flight by at least €17.5 million annually.
EghtesadOnline: Iranian carmaker SAIPA needs to import auto parts worth €1,400 for making each unit of Pride, a €3,150 vehicle that the company has been manufacturing for the past three decades.
EghtesadOnline: Domestic carmaker Iran Khodro is interested in utilizing the potentials of Iranian tech firms and knowledge-based companies to develop electric vehicles.
EghtesadOnline: Parts manufacturer SAPCO, affiliated to Iranian carmaker SAIPA, has signed agreements worth 4.2 trillion rials ($37 million) with Ferdowsi University of Mashhad and several industrial units based in Khorasan Razavi Province.
EghtesadOnline: Iran's major carmaker Iran Khodro (IKCO) is planning to renovate 10,000 cabs in Tehran’s transportation fleet during the current Iranian year (started March 21).