Iran’s Khodro Company (IKCO) has unveiled its first hybrid vehicle, in a move aimed at reducing dependency on fossil fuels.
“In line with the nation’s Automotive Policy Council Bill, IKCO has decided to develop hybrid technology,” a press release quoted the company’s deputy CEO Mir Javad Soleimani as saying on Wednesday.
IKCO’s hybrid Samand LX will hit the market in March 2011.
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