Tata Motors to roll out electric car this September: Ratan Tata

Tata Motors will bring out an electric car this September and commence marketing the low cost Nano, the world's cheapest car, in the US within the next two years.

Speaking at the closing session of the Cornell Global Forum on Sustainable Enterprise held in New York on Wednesday, Tata said that Tata Motors was seriously looking at biofuels, electrical power and clean diesel for vehicles.

Ratan Tata He said that the company has been trying to conserve the use of hydrocarbons and remove emissions, and was even looking at compressed air-powered vehicles (See: India may see the Tata - MDI Air Car this year), adding that Tata Motors would have an electric car in the market in September. 

He reiterated that the Nano would be introduced into the US market within the next two years after meeting with all the emission and crash standards of the US, repeating his earlier statement while launching the Nano in Mumbai in March this year. (See: Ratan Tata launches Tata Nano)

Before marketing the Nano in Europe by 2011, Tata Motors has made a strategic move with plans to build the Nano in Thailand, to use the country as a gateway for exports to the neighbouring ASEAN countries.

"Tata Motors, the best known Indian car maker, will expand the market to ASEAN countries for the export base to the world," the Thailand Board of Investment said in a statement.