About the Industry

Transportation accounts for more than a quarter of worldwide carbon emissions, so it is in desperate need of a makeover. Electric vehicles can help us achieve our goals of moving to cleaner and more environmentally-friendly ways of transportation.

Electricity as an energy vector for vehicle propulsion allows for the substitution of a wide range of basic energy sources for oil. EVs offer a wide range of options, from electric buses to electric scooters; they also make less noise, which can contribute to the development of healthier communities with reduced rates of airborne diseases.

As a result, many countries around the world are working to extend their EV infrastructure in order to battle air pollution, reduce emissions and greenhouse gas emissions, and safeguard the environment.

According to a study by the European Union, electric and hybrid vehicles’ well-to-wheels efficiency is a factor of about three times higher than internal combustion engine vehicles, depending on how the electricity and power plants’ primary fuel are supplied. Thus, modification of urban transportation fleet at all levels – from locomotives to cars and motorbikes – will reduce pollution and subsidies while also increasing petroleum exports and earnings and creating more job possibilities.

Car electrification can also help the household economy, as covering the same distance with gasoline-powered cars in Iran costs 10 times more than filling up EV batteries.

In recent years, following a government policy to shift from fossil fuels to green energies, and in line with the global trend toward curbing pollution, MAPNA Group has prioritized the development of EV infrastructure.

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Industrial development, maintaining and developing the desired growth rate, completing the product and business portfolio, and managing the changing business environment as well as international conditions are the main elements encouraging MAPNA Group to enter the field of new businesses, including electrification.

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