Tata Plans to Sell Electric Car

July 25, 2008;

NEW DELHI -- Tata Motors Ltd., India's biggest auto maker by sales, said it plans to sell an electric car and other fuel-efficient vehicles as rising oil prices and pollution worries increase demand for such vehicles globally.
"We are also competing for an ecocar project in Thailand and bringing out a new range of world-class trucks," Chairman Ratan Tata said.
The electric car is being developed with a Norwegian company and will be introduced in the current fiscal year ending March 31.