Worlds Cheapest Car

India’s Tata Motors new vehicle the copyright dubious ‘Nano’ hopes to offer the worlds cheapest car, in the United States within two years.

President of Tata Motors Ratan Tata (I kid you not!) explained at the Cornell Global Forum on Sustainable Global Enterprise.

It will need to meet all emission and crash standards and so we hope in the next two years we will be offering such a vehicle in the U.S

A European version of the car will cost around $2,300 and will be available from 2011. For such a price tag obviously it comes with its problems such as the Chairman suggests here:

The four-seater car gets up to 65 miles per gallon. Cheap labor helps to keep the price down.

Tata developed the idea so that poorer people could afford the car, which in my mind seems slightly morally off centre. The Nano is designed predominately for the hoardes of motorcyclists that Indian cities attract to encourage family travel.

Tata said his company was also working to develop cars that run on fuels other than gasoline such as clean diesel, biofuels and batteries.

In my honest opinion the best use for this car would be for young people with a distinct lack of money but willing to make this investments. Ideally the best plan would be to switch and save to this car, and in doing so you will be doing your bit for the environment and saving yourself huge amounts of money!