From Tata, cars that run on air - Newindpress.com

From Tata, cars that run on air - Newindpress.com: "From Tata, cars that run on air
Thursday February 28 2008 00:00 IST

MUMBAI: If Ratan Tata has his way, after churning out the rupees one lakh Nano, he might soon be presenting a hybrid model of Nano or a similar car, which will literally run on thin air.

Tata Motors Ltd (TML) had originally signed a deal with Moteur Development International Enterprises S.A. (MDI) of France in February 2007, to develop and refine the technology of air propelled car (invented and commercially exploited by MDI) as exclusive licensees in India.

Industry sources say that while the engine and technology was being further refined by TML for production in India, the company has further strengthened its relationship and commitment with MDI by taking a stake in the original company for a significant amount."