Tata Motors on Tuesday said that it will start a feasibility study for introducing the electric version of its compact car Indica in the
The company is currently developing the electric Indica with a Norway-based firm for launching the car in the European market by 2011.
Tata Motors managing director (India Operation) Prakash M Telang said that the company would study the market demand in the country before launching the electric Indica.
Telang said when asked if the company has initiated the market study
Not at the moment. We will start (the feasibility study) closer to when we have the product ready. We will do it from next year.
Telang told reporters here
We have to look into the cost equation in India. We have to see the market demand as it will be an expensive vehicle...Electricity is also not easily available in the country.
Source - Economictimes