http://english.chosun.com/site/data/html_dir/2016/05/13/2016051301451.html
LG to Develop Electric Car for Iran
May 13, 2016

LG Group plans to work on an electric car specifically for the Iranian
market.

LG and the Iranian government recently signed a preliminary agreement for
the development, LG Corp. said. 

The agreement only lays out the issues in broad strokes and is to be
followed a proper contract later.

According to the deal, LG will develop 20 EVs for Iran's No. 1 automaker
Khodro by 2018 and set up charging stations in Tehran.

LG Electronics, LG Chem and LG Innotek will develop key parts, including
engines and batteries. LG CNS will handle the construction of charging
stations. Khodro will manufacture the vehicles. 

An LG Corp. staffer said, "We stayed in Iran despite international
sanctions, which appears to have helped us win the trust that led to the
agreement."
[© chosun.com]
...
http://en.jknus.com/articles/3087/20160513/lg-group-iran-make-agreement-electric-car-development.htm
LG Group and Iran Make Agreement for Electric Car Development
May 13, 2016




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