IKAP (Iran Khodro Automobiles Peugeot) is a joint venture between Iran Khodro and Stellantis, based in Tehran; it was established in 2016.[1] It produces some Peugeot models and imports other models in CBU for Iran market.[2]
The company was created to manufacture Peugeot products in Iran and export them to the Middle East and to serve as Peugeot's production hub in West Asia.[3] Initial products were Peugeot 2008, Peugeot 208, Peugeot 301 and Peugeot 508.