Tata Motors to make eco-friendly cars
The Tata Group has stated that the Nano is just not low cost car for Tata Motors but it is a platform to create more high-end models that will sell for higher prices and yield better margins which highlights the Innovativeness of the company.
Tata Motors has plans to build electric and hybrid cars on the Nano platform and the company will target exports of the Nano car and other hybrid varieties to the developing countries like Brazil, China, Indonesia and Russia.
According to the Tata Group, the introduction of Nano can be compared to the Ford Model T, which completely revolutionised the automobile industry all over the world.
The company expects that the Nano car would ultimately become the People’s Car the world over.