« Microlink solar-powered survival device | Main | CES - It's a wrap »

01. 11. 2008

Tata Motors unveils the world's cheapest car

tata-nano.jpg

As promised, Indian car maker Tata Motors created history at the Auto Expo in New Delhi yesterday by unveiling the Tata Nano - the world's cheapest car, priced at $2,500! Sounds impossible, doesn't it ? Well, it is true, and contrary to what one might think, the Nano happens to be sleek and sexy too. The "People's car" is a compact, albeit spacious, 4-passenger, 630cc vehicle which boasts a mileage of 50 miles per gallon and complies with Euro IV emission norms.

The Nano, which has been in the making for 4 years, has endured much skepticism and controversy from rivals. Well, no surprise then that these rivals are now scuttling to keep up with the price competition, a benchmark that the Nano has now redefined. Speaking to a packed audience spilling out onto the roads (with several people even ready to place their orders), chairman Ratan Tata said "a promise is a promise," referring to the tough pricing goals that the car had to stick to in the face of the rising costs of raw materials such as steel and rubber. How did they do it? With ingenious technology (with 34 new patents) that, among other things, uses lighter steel and a smaller engine to keep the costs down.

The Nano basic will sell for $2,500 (before taxes), other models such as the air-conditioned deluxe model will vary in price up to $4,000. The cars are also expected to target the foreign markets in Africa, Latin America, and Asia soon. Check out the first glimpses in this video.

Posted by kanchana    Category: cars | current affairs
Tags:
Email this | Comments (1)
Add to: Yahoo Add to: Google Add to: Digg Add to: Del.icio.us Add to: Reddit Add to: StumbleUpon Add to: Technorati


Comments (1)

Silicon.shaman:

Right... because what the world really needs is a few billion more cars guzzling oil and farting Carbon Dioxide...

I think we have a contender for 'Worst idea of 2008' already.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


Back to Top

 





 
swf_ad2.gif


Best of Popgadget
10.21.2010

We're back!! And where we've been...

Hello! It's been a while, and I'm so happy to say, we are going to be back and better than ever. We will be changing just a little bit- bringing you more frequently updated content, in a somewhat abbreviated...
Read More
Popgadget Recent Comments
Popgadget Steals & Deals
Mom Wants Gadgets for Mother's Day
Trade-in Your Old Electronics
Popgadget Giveaway from American Express! My Life on Points
6-Foot HDMI cable at $3.19 includes shipping
Sony offers some exciting deals for Mother's Day
Unlocked iPhone! Only $599. Or $699.
Got four friends? Take a Peek at this great offer
Green Tech: Eco-fashions priced to move
31 ways to save money on technology from PCWorld
Popgadget Random Images

Where is this image from?
See more random images
On This Day
Take a little stroll down memory lane. See what Popgadget was writing about on this day in 2012 2009 2008 2007 2006 2004