MAPNA, IKCO Form Alliance to Produce Electric Vehicles

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.
After successfully testing 20 EV prototypes in June, MAPNA has joined hands with IKCO to mass produce electric vehicles, the group’s website Mapnagroup.com reported.
Farshad Moqimi, the head of IKCO, reviewed the prototypes and different EV development labs at MAPNA on Sunday and met Abbas Aliabadi, the CEO of the engineering group, to discuss the details of their collaboration.
Considering the investments made in the field and tapping into MAPNA’s potentials, IKCO can speed up its move toward EV production.