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: Automaker Iran Khodro (IKCO) and Iran Taxi Union are jointly pushing an initiative to replace 50,000 dilapidated taxis with CNG-hybrids by the end of the current Iranian year (March 2021).
EghtesadOnline: The global electric vehicle race has reached Iran, as the domestic engineering and energy giant, MAPNA Group, and major automaker Iran Khodro Company (IKCO) are gearing up to jointly produce EVs.
EghtesadOnline: Iran’s major automaker Iran Khodro (IKCO) has signed a research and development agreement with the Iran University of Science and Technology to expand cooperation and technologically upgrade its products.
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: Local carmakers Iran Khodro and SAIPA, are deep in the red owing part makers 230 trillion rials ($1.9 billion) one official with Tehran Chamber of Commerce says.
EghtesadOnline: Domestic carmaker Iran Khodro is interested in utilizing the potentials of Iranian tech firms and knowledge-based companies to develop electric vehicles.
EghtesadOnline: By October 2018, the accumulated debts of Iranian carmakers, Iran Khodro (IKCO) and SAIPA, had reached 1 quadrillion rials ($8.8 billion), the industries minister said in a recent interview.
EghtesadOnline: Iran Khodro’s (IKCO) Board of Directors appointed Deputy Industries Minister Farshad Moqimi, 43, as the automaker’s new CEO.
EghtesadOnline: The Iranian government plans to sell off its share in the two major automotive companies: Iran Khodro (IKCO) and SAIPA.