What Ipco (irankhodro Powertrain Co.) does

IPCO is a privately held Tehran-based engineering and manufacturing company within the Iran Khodro Industrial Group. It develops powertrains from design and simulation through prototyping, engine-management calibration, testing and validation, production engineering, component manufacturing, and final engine assembly. Its portfolio spans gasoline, diesel, turbocharged CNG, hybrid, and electric powertrain work; named platforms include EF7, EFD, EF7P, TC CNG, an Atkinson-cycle engine, and a hybrid powertrain project. IPCO also produces crankshafts, cylinder heads, cylinder blocks, generators, testing equipment, and machine-vision-based production-line controls.

IPCO earns revenue from hardware sales and specialized services, including engine and component production, powertrain engineering and R&D, calibration, testing and validation, quality assurance, non-automotive engine supply and maintenance, generators, training, and educational equipment. It sells primarily through direct B2B engagement with Iran Khodro Group and other automotive manufacturers, as well as industrial and powerplant operators; universities participate in research, training, and talent-development relationships. More than 300 specialists support these activities, and the disclosed operating footprint is domestic within Iran, with no public price list.

Name

Ipco (irankhodro Powertrain Co.)

Legal name

شرکت تحقیق، طراحی و تولید موتور ایران خودرو (Ipco)

Website

https://ip-co.com

Company type

Private

Founded year

1998

Operating status

Operating

Short description

IPCO is the powertrain engineering and manufacturing arm of Iran Khodro Group, developing, calibrating, testing, and producing engines and systems for automotive, industrial, power-generation, and academic customers in Iran through direct B2B sales.

Ownership category

akta.pro rank

Product category

Automotive Powertrain Manufacturing

NAICS

Motor Vehicle Gasoline Engine and Engine Parts Manufacturing (33631), Motor Vehicle Transmission and Power Train Parts Manufacturing (33635), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336)

SIC

Engines & Turbines (3510)

akta.pro primary industry

Engine Components & Subsystems Manufacturing (Blocks/Heads/Valvetrain/Pistons) (IMACAHAB)

akta.pro secondary industries

Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules) (IMACAHAJ), Truck & Commercial Vehicle Powertrain Manufacturing (Diesel/CNG/Hydrogen/Hybrid) (IMACABAJ)

Keywords

• Powertrain engineering
• Engine manufacturing
• Automotive R&D
• Engine calibration
• Hybrid powertrain design

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Infrastructure

Revenue model

1. Engine and Powertrain Manufacturing: Production of engines and key components including crankshaft, cylinder head, and cylinder block, as well as final engine assembly in various versions.
2. Engineering and R&D Services: Engine development (design, prototyping, validation), quality assurance, product engineering, intelligent engine management, calibration, and production engineering services provided to Iran Khodro and other customers.
3. Testing and Validation Services: Comprehensive powertrain testing and validation services including performance, durability, combustion, emission measurement, and fuel consumption testing with certified laboratory capabilities.
4. Industrial and Powerplant Services: Design, development, supply, and maintenance of heavy/semi-heavy engines for power generation, oil, marine, and agricultural applications, including development of industrial lubricants.
5. Electric Generators and Test Equipment: Production and supply of electric generators for power generation, powertrain component test equipment, and educational equipment in powertrain technology.
6. Training and Education Services: Specialized and applied training courses in powertrain domain for students and professionals, covering engine development, EMS, hybrid powertrains, and general engine knowledge.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

IPCO researches, designs, and manufactures automotive and non-automotive powertrain systems including gasoline, diesel, CNG, turbocharged, and hybrid engines and their key components (crankshaft, cylinder head, cylinder block). The company provides end-to-end services from concept design and prototyping through testing, calibration, validation, and mass production, alongside engine management system (EMS) calibration and machine vision-based production line automation.

Product overview

IPCO (Iran Khodro Powertrain Company) is a knowledge-based company specializing in research, design, and manufacturing of powertrains including engines and transmissions for automotive and non-automotive applications. The company offers a comprehensive portfolio consisting of: (1) Engine products including TC CNG, EF7P, EFD (diesel), and EF7 gasoline engines; (2) Specialized projects like the TU5P TC turbocharged engine, Atkinson cycle engine for hybrids, and hybrid powertrain systems; (3) Power generation products including electric generators and testing equipment; (4) Production line automation with machine vision-based control equipment; (5) Training products and educational services. The company provides end-to-end services from engine design and prototyping to validation, production, and quality assurance, alongside intelligent engine management and calibration services.

Differentiator

Problem solved

Functional benefit

Products and services

• TU5P TC Turbocharged Engine Turbocharged engine developed by redesigning the naturally aspirated TU5P base, increasing power from 84 kW to 112 kW and torque from 144 N.m to 230 N.m, with oil module and dual CVVT systems, intended for automotive OEM integration.

Quantifiable outcome

• Turbocharged engine TU5P TC: power increased from 84 kW to 112 kW (+33%), torque from 144 N.m to 230 N.m (+60%)
• +5 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature8 records

Partnerships

One partnership is on record.

• Tavan Powertrain Development Company (توسعه قوای محرکه تیوان)coreStrategic or Co-development Partner · 1 May 2026Tavan Powertrain Development Company, formerly a subsidiary of Bahman Group, was fully acquired by IPCO under Iran Khodro Group ownership. The company is located in Caspian Industrial Town, Qazvin, with 8 hectares of land and 40,000 m² built area. The acquisition enhances IPCO's powertrain manufacturing capacity to 1,000 engines per day and strengthens its Tier One supply chain position.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Rolls-Royce Power Systems (MTU): Large-scale engine and power systems manufacturer for industrial, marine, and power generation applications — comparable to IPCO's heavy engine portfolio.
• Bosch Mobility: Global Tier 1 supplier of engine management systems, powertrain electronics, and hybrid components — closely related to IPCO's intelligent EMS calibration capabilities.
• Cummins: Global manufacturer of diesel and natural gas engines for automotive, power generation, marine, and industrial applications — comparable to IPCO's diesel EFD and TC CNG engine platforms.
• Continental: Major automotive supplier producing powertrain components, engine management systems, and hybrid solutions — overlaps with IPCO's EMS calibration and engine component manufacturing.
• Wärtsilä: Major manufacturer of engines and powertrain systems for marine and power generation markets — directly comparable to IPCO's non-automotive industrial and powerplant engine business.

Direct peers

• MAHLE Powertrain: Powertrain engineering services and engine development business serving OEMs with calibration, hybrid integration, and testing — comparable service model to IPCO's powertrain engineering arm.
• FEV Group: Independent engineering services firm providing powertrain and vehicle development including engine calibration, hybrid systems, and testing — directly comparable to IPCO's service portfolio.
• Ricardo: Engineering consultancy specializing in powertrain design, engine calibration, and vehicle integration services — closely overlapping with IPCO's R&D and EMS calibration capabilities.
• AVL List: Independent powertrain engineering services and development company offering engine, transmission, hybrid, and electrified powertrain R&D plus testing facilities, similar in service profile to IPCO.

Others

• BRP-Rotax: Engine manufacturer focused on powertrain development and production — comparable in scale of dedicated engine R&D and manufacturing operations, though oriented to powersports.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ipco-irankhodro-powertrain-company

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ipco (irankhodro Powertrain Co.)