Sign In / Register
Make This My Home Page | Feedback |RSS
You are here: IE »   Story

Tata buys rights to make ‘air-powered cars’ for India

  • Print
  • Mail This Article
  • Comments
  • Add to favorites
  • Tata
    Tata is buying the rights from US for a car that is said to run 'on air'.

    The vehicles will be built in factories that will make up to 8,000 vehicles a year, likely starting in 2011, and be sold directly to consumers.

    There will be plants in nearly every state of the US, based on the number of drivers in the state.

    While California will have as many as 17 air car manufacturing plants, there will be around 12 in Florida, eight in New York, four in Georgia, while two in Connecticut will serve that state and Rhode Island.

    Tata doesn’t plan to produce the cars in the US. Instead, it plans to charge 15 million dollars for the rights to the technology, a fully built turnkey auto assembly plant, tools, machinery, training and rights to use trademarks.

    Previous12
    Comments
    Post comment

    Be the first to comment.

    Post a Comment
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.