MUMBAI: After stunning innovation of the cheapest car
Nano, Tata Motors plans to make electric and hybrid vehicles using this
Platform.
"Tata Motors has plans to use the Nano platform to make electric and hybrid cars," Tata Group said highlighting the Innovation and Innovativeness of the company.
Designed with the transportation needs of a family into mind, the Nano is a full-fledged car
With contemporary styling also spacious interiors conforming to standards of emissions, mileage, acceleration, safety and performance.
"The Nano is just not a car for Tata Motors, it is also a platform to create more high-end models that will sell for higher prices also yield better margins," a Tata Group's report on its innovations said.
The introduction of Nano is compared to that of the Ford Model T, the car that completely revolutionised the automobile industry.
Nano is also expected to create a new distinct category during the auto industry
- The People's Car.
Tata Group said that Tata Motors should target exports of the car during the developing countries like Brazil, China, Indonesia and Russia, where the growth rate is more than 10 per cent.
A true Indian car, Nano has 97 per cent local content. Before Nano, Maruti 800 is the lowest cost car in the Indian market priced at around Rs two lakh.
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