Joint auto production by Iran, Russia, China proposed

Referring to the chance for the Iranian automakers and spare part producers to find a place in the Russian market, an Iranian auto industry figure proposed launching a platform by Iran, Russia and China for joint auto production.

10 August 2022
ID : 33939
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Referring to the chance for the Iranian automakers and spare part producers to find a place in the Russian market, an Iranian auto industry figure proposed launching a platform by Iran, Russia and China for joint auto production.

A worker is seen at a Russian auto company.

Referring to the chance for the Iranian automakers and spare part producers to find a place in the Russian market, an Iranian auto industry figure proposed launching a platform by Iran, Russia and China for joint auto production.

World automakers have managed to design joint platforms to reduce production costs as making investments in different engines, gearboxes and so forth is very costly, Ahmad Ghalebani, the secretary of the Coordination Council for Iran’s Auto Industry, was quoted as saying by IRNA news agency.

The Coordination Council for Iran’s Auto Industry is composed of different Iranian auto-making and auto spare parts producing associations. 

If major Iranian automakers design a joint platform with their Chinese and Russian counterparts, they will be able to produce various cars in different models so as to be sold in their own domestic markets and in the markets of regional and neighboring countries which are of high population, Ghalebani said.

Carrying out such a project would requires intensive negotiations, goodwill and confidence building measures on all the sides, he added.

He noted that the three countries can cooperate on joint production of electric cars and fossil-fueled cars as well that will enable them to compete in the global market.

Ghalebani also said that the potentials of the Turkish automakers can even be used.

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