Date: 15 July 2019 , 13:06
News ID: 5189

Iranian Knowledge-Based Company Produces Calcium-Based Alloys Used in Car Industry

Iranian experts working for a knowledge-based company managed to produce calcium-based alloys with applications in auto industry.
Iranian Knowledge-Based Company Produces Calcium-Based Alloys Used in Car Industry

One of the Iranian knowledge-based companies has been able to produce non-iron calcium-based alloys as well as alloy materials needed for different industries.

"Lead-calcium alloys are used in manufacturing different products, specially (car) battery plates and given its specifications, it has replaced other alloys," Managing-Director of the company Amir Taleb said on Sunday.

He added that a considerable part of the needs to car batteries in Iran can now be provided given the indigenization of their production in the country.

Iran is the Middle East’s largest auto market with a population of more than 80 million who are estimated to buy more than 1 million cars every year.

The automobile industry is seen as Iran’s biggest non-oil sector, accounting for nearly 10% of the country’s gross domestic product (GDP).

Iran Khodro (IKCO) and Saipa companies account for more than 90 percent of the total domestic production in Iran.

Iran’s automakers have been approaching Honda, Toyota and Mitsubishi in the hope of transferring Japanese technology.

IKCO exports vehicles to Russia, Syria, Turkey, Iraq, Azerbaijan, Ukraine, Egypt, Algeria, and Bulgaria.