WORLD


Iran unveils first all-electric car for launch in May

Baku, March 12, AZERTAC

An Iranian automotive company has unveiled a first all-electric vehicle (EV) in the country under the commercial name of the Oxygen, according to Press TV.

KSJ Motors, a company based in the southern Iranian city of Shiraz, unveiled the car in a ceremony attended by senior government and industry officials on Thursday.

The company said in a statement to the media that it will produce 1,000 units of the Oxygen in the nine months starting in May 2022, adding that production will reach 10,000 units per year in the calendar year starting March 2024.

KSJ Motors CEO Siamak Hojjat said that the car will be the cheapest two-seat EV in the world with a price tag of 2.7 billion rials ($10,500).

Hojjat said Oxygen’s energy consumption will be less than 15 kilowatt hours (kWh) per 100 kilometers, adding that its range will be around 220 km per charge.

He said KSJ Motors will source only 20% of the parts needed for making the car from outside Iran.

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