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Iran Khodro to produce 100,000 hybrid cars

TEHRAN, Aug. 8 (Mehr News Agency) - Provision 13 of Budget Law 85 (Iranian fiscal year March 21, 2006 to March 20, 2007) impels the nation's auto manufacturers to produce 280,000 light hybrid cars, a certain percentage of total production, by yearend, project manager of bi-fuel auto production at Iran Khodro Company (IKCO) noted on Tuesday.

The provision sets out the Ministry of Industries to adopt 'ways and means' so that the projected figure is realized soon, Alireza Feizbakhsh stated, stipulating the IKCO's share is set at 100,000 'crossbreed' cars.

"So far, the company has produced 7,000 N-gas powered vehicles and the plan will soon be extended to all the models with the exception of Peugeot 206," he indicated, anticipating that the IKCO expects to exploit a considerable share of hybrid market in near future.

... Payvand News - 8/9/06 ... --

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