The IKARIA Energy Group, as part of the IKARIA Holding, was established with the aim of improving the quality of life and preserving the environment through the use of new energy technologies. We are moving towards a sustainable future and hope to be a part of the eco-friendly changes in society by producing clean energy and providing electric vehicles and their batteries. Join us on this path and take a step in our green and innovative direction. IKARIA Energy operates in various fields of new energy. These areas include 6 main sections:

1. Production and assembly of electric motorcycles Our company is involved in the production and assembly of electric motorcycles. These products not only help reduce emissions and improve air quality, but also provide a pleasurable and safe experience for users. Using advanced technologies and high-quality components, we offer high-performance motorcycles with modern designs that meet the growing needs of Iranian society. The motorcycles produced by our company are offered under the IKARIA brand in four classes: - Electric scooter - Electric bicycle - Electric tricycle - Electric sport motorcycle The batteries of IKARIA electric motorcycles produced by this company come with an unconditional warranty of 3 to 5 years and have a lifespan of about 7 to 10 years. The replacement of used batteries with new ones is done at the company's factory, and customers can deliver their used batteries to the sales representatives and receive new batteries within 2 days.

2. Solar Power Plant Establishment in EPC and EPCF Projects IKARIA Energy is active in the establishment of solar power plants under EPC and EPCF project models. This company is involved in engineering design, importing panels and inverters, designing and constructing solar structures, and setting up solar power plants. The fields of solar energy activity of the company include: - Electrical, civil, and mechanical design and engineering of solar power plants - Design and construction of solar structures - Importing panels and inverters from reputable global companies (Risen, Trina, Growatt, Solis, etc.) - Installation of panels and inverters - Solar power plant setup We are committed to designing and implementing effective solar energy solutions and aim to meet the country's energy needs at optimized costs with high efficiency.

3.Electric Buses Given the importance of sustainable public transportation, IKARIA Energy Group imports electric buses. These buses help reduce air pollution and improve urban living quality. Utilizing advanced technology and long-lasting batteries, we offer buses that are not only environmentally friendly but also provide comfort and safety for passengers. Iran is one of the largest energy producers in the world, but at the same time, it is also one of the highest energy-consuming countries globally. This trend has reached a point where, in recent years, Iran has become a fuel-importing country. According to statistics from the Iranian Energy Scientific Associations Union, in 2023, Iran imported over 5.5 billion liters of gasoline and diesel, valued at $4 billion. Studies and forecasts indicate that this figure will reach $7 billion in 2024. The main reason for this significant volume of gasoline and diesel imports is the very low efficiency of the current vehicles in the country. Electrifying public vehicles can significantly reduce energy imports and could even transform Iran into a fuel-exporting country.

According to the above chart, during the years 2021 and 2022, Iran was a fuel exporter, but in the past two years, due to the aging of vehicles and the increase in fuel demand, Iran has become an importer. This trend is such that it is predicted that by the end of 2024, Iran will import approximately $7 billion worth of fuel (based on a rate of 0.65 cents per liter of diesel FOB Persian Gulf). Since an electric bus does not have an internal combustion engine, many of its maintenance costs are eliminated. A diesel bus, with its internal combustion engine system, high operating temperatures, and numerous moving parts, experiences significant wear and tear. In contrast, an electric bus has a much simpler system, utilizing a PMSM electric motor with very low wear and tear. A diesel bus has many moving parts, including an alternator, belts, radiator fan, gearbox, and more, all of which contribute to the bus's wear and tear. However, an electric bus uses a single electric motor with minimal wear, replacing all of these components.

The components of an electric bus include batteries, an electric motor, and charging connections. Replacing a diesel bus with an electric one results in significant savings, as shown in the table below: Comparison of Maintenance Cost Savings Between Electric and Diesel Buses.

4.Electric Taxis and Vehicles Another of our company’s capabilities in electrifying vehicles is the supply of electric taxis. To improve urban transportation, we have launched electric taxi services. These vehicles help reduce traffic and pollution according to passenger needs and are recognized as an innovative and sustainable option for daily commutes. By offering high-quality and safe services, we aim to bring about a positive transformation in the urban transportation experience. The battery cells used in IKARIA taxis are sourced from the world’s largest and most reputable battery manufacturer, CATL. These batteries have a lifespan of approximately 10 to 12 years and can also be recovered and used in energy storage systems after this period.

5. Establishing Electric Vehicle Charging Stations One of the challenges facing the use of electric vehicles is access to suitable charging stations. Our company is addressing this issue by setting up charging stations in various locations. Our charging stations are designed with the latest technology and international standards, allowing users to charge their electric vehicles quickly and conveniently. The company offers both fast and ultra-fast chargers. The ultra-fast charger, with a power output of 240KW, can charge an electric bus in 80 minutes and an electric car or taxi in less than 15 minutes.

6.Energy Storage Systems Our company, as a manufacturer of lithium battery packs using high-quality cells, is capable of providing services for various energy storage systems, ranging from small capacities of 2KWh to 1MWh. The company is ready to offer its clients reliable and free consultation on energy storage, energy consumption optimization, and cost reduction. By analyzing your needs and offering tailored solutions, we help you benefit from advanced energy storage technologies. Join us on the path towards a green and sustainable future.