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Rediff.com  » Business » Tata electric car to hit roads in Sept

Tata electric car to hit roads in Sept

Source: PTI
June 05, 2009 20:00 IST
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Indian conglomerate Tata Group Chairman Ratan Tata has said that Tata Motors will have an electric car in the market by September this year.

"We will have an electric car in the market in September," Tata was quoted as saying by Cornell University on its micro-blogging feed on Twitter. Tata is also a Cornell trustee.

He talked about the electric car at the Cornell Global Forum on Sustainable Global Enterprise organised by the university.

In 2008, Ratan Tata speaking at the Annual General Meeting of Tata Motors said that the company was developing an electric car.

Foreign media also reported quoting Tata at the forum that Tata Nano, dubbed as the world's cheapest car, is expected to be available in the US in the next two years.

The much-awaited Nano was commercially launched in March in India and is expected to hit the roads soon.

According to the university Web site, the Tata Education and Development Trust committed USD 50 million to Cornell in October 2008 to establish the Tata Scholarship Fund for Students from India and the Tata-Cornell Initiative in Agriculture and Nutrition, intended to improve the lives and livelihoods of India's rural poor.

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