IKAP

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IKAP
Private Joint venture
IndustryAutomotive
Founded2016; 3 years ago (2016)
FounderPeugeot, Iran Khodro
HeadquartersIran, Tehran
Area served
Worldwide
Key people
Mohammad Reza Mo'tamed (CEO)
Products
Services
ParentPeugeot 50%, Iran Khodro 50%
Websiteikco-peugeot.ir/

IKAP (Iran Khodro Automobiles Peugeot) is a 50-50 Joint venture company between Peugeot and Iran Khodro, based in Tehran and established in 2016.[1] it produces some Peugeot models and imports other models in CBU for Iran market.[2] The purposes of creating this company are manufacturing new Peugeot products in Iran and exports to Middle East and then creation of Peugeot's production hub in West Asia.[3] Products of this company in the first phase will be Peugeot 2008, Peugeot 208, Peugeot 301 and Peugeot 508.

References[edit]

  1. ^ "IKCO-Peugeot Joint Venture (IKAP) Starts Working". irankhodro.ir. Retrieved 22 June 2016.
  2. ^ "Competitive Advantages of IKAP Vehicles". ikco.ir. Retrieved 14 September 2016.
  3. ^ "Iran to be Peugeot's Manufacturing Hub in ME, Africa". iran-bn.com. Retrieved 16 September 2016.