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India/Europe: TATA MOTORS SET TO INTRODUCE $20,000 ELECTRIC CAR

The Tata Nano vehicle is displayed for the first time in the U.S. by Tata Technologies at the Science Center in Detroit, Michigan January 14, 2010. Unveiled last year in India by Tata Motors, the Tata Nano is targeted to families who have not previously been able to afford a car. Recently Tato announced its set to introduce $20,000 car. (Photo: Reuters)

Tata technology has partnered with France Dassault Systems to develop an electric car with a price tag of $20,000.

Tata Technologies has completed the first feasibility study on the project using Dassault System’s 3DEXPERIENCE platform. Further information has not been revealed on when the vehicle will hit the roads. The company declines to comment on it. France’s Dassault Systems is one of the world’s leading 3D design software and product solutions firm for the electric car project.
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