The one and only manufacturer of Electric Mopeds in Iran Niroo Docharkh Company (NDC) was the first company granted licensing and permits by local and federal authorities in 2005 to manufacture Electric Motorcycles (E-Mopeds) in Iran. In the next 2 years, the management team successfully formed a Joint Venture partnership with Saderat Bank Iran to finance its manufacturing plant in the Province of Semnan, about 100 km South of Capital City Tehran. In 2007, NDC obtained necessary permits to ...