News ID: 204347
Published: 0412 GMT November 14, 2017

World car battery producers keen on joint ventures in Iran

World car battery producers keen on joint ventures in Iran

By Sadeq Dehqan

Major car battery producers in the world have expressed eagerness to cooperate with Iran on joint production of car batteries, said head of Manufacturers and Distributors of Car Battery Union.

Govic Narcesian told Iran Daily that following the implementation of Joint Comprehensive Plan of Action (JCPOA), the way has been paved for auto industry to cooperate with foreign companies.

"South Korean and Turkish companies have announced their readiness to cooperate with Iranian companies in the production of auto spare parts and car batteries as well as transferring production technology to Iran," he said.

Iran needs 12 million batteries annually for cars, said Narsesian pointing out that only 10 percent of this figure are supplied by Iranian firms.

There are currently 17 million cars across the country, he said, adding that Borna Battery Company produces over one million batteries per year.

"The company produces the batteries for Iran Khodro Company, which has the standards of France's Peugeot and Japan's Suzuki, Narsesian added.

Iran has the potential to turn into regional car battery production hub, he said announcing that by reducing the overall price of production, the country will move forward to become a main battery exporter.

The main problem for car battery producers is to procure lead as a feedstock for production, Narsesian said hoping to receive more facilities to import required lead for production.

The official said that while banking obstacles have created problems for the industry, the lifting of sanctions has led to a boost in output.

Narsesian expressed the union's readiness to cooperate with Iranian universities on training workforce to upgrade their knowledge.

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