Iranian auto parts manufacturer SAPCO has signed multiple agreements with domestic knowledge-based companies, as part of efforts for curbing reliance on foreign resources.
Late last week, the major supplier for the two giant automakers Iran Khodro (IKCO) and SAIPA, SAPCO signed 80 agreements with tech firms in a wide range of fields, including the production of electronic stability control system, hydraulic wheel for IKCO's Peugeot 206 model and refrigerant gas used in vehicles' chiller system, IKCO's website reported.
Farshad Moqimi, CEO of IKCO, said SAPCO signed the agreements with knowledge-based companies during a tech event held in Tehran.
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