India’s top car maker Tata Motors will create a European version of the world’s cheapest car within the next four years, a company executive said in an interview to be published on Monday.
“In four years, we’re going to develop a successor (to Tata’s bargain-rate Nano car) that will respect Euro-5 rules on exhaust emissions and European requirements in terms of safety standards,” Girish Wagh, head of Tata’s small vehicles department, told the German weekly Focus magazine.
In January, Tata unveiled a $2500-car billed as the world’s cheapest to mixed reviews. While experts say the car could revolutionise how millions travel, others worry about pollution.
Wagh did not say how much the European spin-off might cost.
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