Monday, July 28, 2008

Ratan Tata to make an electric car, invests with a French company for work on a vehicle using compressed air as fuel

Mr. Tata said that besides launching new products, this year the company was looking at making an electric car and was competing for an Eco car in Thailand.

Tata Motors Chairman Ratan Tata said, the company had made an investment with a French company for work on a vehicle using compressed air as fuel.

Mr. Tata said contrary to claims that the Tata Nano would result in traffic congestion and increased pollution, “the Nano will be 12 per cent less polluting than a two-wheeler.

As regards congestion, one has to put the issue in perspective. Even at one million cars per year, over five years, we will not add more than 4-5 per cent of cars on the road. It would not be fair to blame congestion on the Nano.”
The Hindu : Nano will not increase congestion: Tata

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