Iran to establish 3,000 EV charging points by March 2025

(MENAFN) Iranian Industry, Mining, and Trade Minister Abbas Aliabadi announced plans to establish 3,000 electric vehicle (EV) charging points nationwide by the end of the current Iranian calendar year, as reported by IRIB. Speaking at a ceremony marking National Auto Industry Day, Aliabadi emphasized the need to transition towards electric cars as a solution to balance gasoline supply and demand, which currently sees significant imports.

Aliabadi highlighted key components of EVs that can be domestically produced, including batteries, engines, gearboxes, and control systems. He stressed the importance of starting with battery production to save energy, suggesting a strategic approach to localizing EV technology.

The minister underscored the global economic significance of the auto industry, noting that in 2023, it generated revenues totaling $3,350 billion, making it the world's top income-generating sector. In Iran, the auto industry contributed significantly to the national economy, accounting for 8.40 quadrillion rials (approximately $16.8 billion), which represents half of the country's budget.

Iran's auto industry achievements include producing 1.335 million vehicles in the previous Iranian calendar year, positioning the country as the world's 16th largest automaker. The ministry aims to increase production to 1.7 million vehicles this year, potentially elevating Iran to the 15th rank globally in car production.

Employment in the Iranian auto sector stands at 900,000 people, contributing 12 percent to the country's economic added value. Aliabadi noted Iran's upward trajectory in global car production rankings, moving from 18th to 16th during 2021-2023, with a potential further improvement to the 15th rank if production targets are met this year.

In February, Hasan Karimi-Sanjari, manager of the electric vehicle project at the Industry Ministry, announced plans to introduce 2,500 electric vehicles into Iran's public transportation fleet, underscoring ongoing efforts towards electrification and sustainability in the transportation sector.



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