Tag Archives | Kerman Motor

China to assist Iran in Manufacturing Hybrid Vehicles

By John Lee. The Chinese car company BYD and Iranian car manufacturer Kerman Motor have signed a memorandum of understanding (MoU) to cooperate in the production of hybrid and electric vehicles. Under the deal, the Chinese company will export technology to produce hybrid and electric vehicles and batteries to Iran. The document also provides for […]

Iran revs up for Auto Revolution

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The auto giant PSA Peugeot Citroen has become the first foreign company since the Jan. 16 implementation of the Joint Comprehensive Plan of Action to obtain a license from the Iranian government to invest […]