IKAP

IKAP
Company type	Joint venture
Industry	Automotive
Founded	2016; 8 years ago
Headquarters	Iran, Tehran
Area served	Worldwide
Key people	Ashkan Farbod (CEO)
Products	Automobiles; Luxury Vehicles; Commercial Vehicles; Automotive parts;
Services	Automotive finance; Vehicle leasing; Vehicle service;
Owners	Iran Khodro (50%); Peugeot (50%);
Website	www.ikco-peugeot.ir

IKAP (Iran Khodro Automobiles Peugeot) is a joint venture company between Iran Khodro and Stellantis, based in Tehran; it was 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 them to the Middle East and then the creation of Peugeot's production hub in West Asia.^[3] Products of this company in the first phase will be the Peugeot 2008, Peugeot 208, Peugeot 301 and Peugeot 508.

References

^ "IKCO-Peugeot Joint Venture (IKAP) Starts Working". irankhodro.ir. Archived from the original on 21 October 2017. Retrieved 22 June 2016.
^ "Competitive Advantages of IKAP Vehicles". ikco.ir. Retrieved 14 September 2016.
^ "Iran to be Peugeot's Manufacturing Hub in ME, Africa". iran-bn.com. Retrieved 16 September 2016.

[1] "IKCO-Peugeot Joint Venture (IKAP) Starts Working". irankhodro.ir. Archived from the original on 21 October 2017. 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.

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