PHOTO CAPTION: Tata Nano EV debuted at 2010 Geneva Auto Show

Under $10K Tata Nano EV Could Be Top Seller

TheStreet survey finds 81.6% of respondents choosing Nano EV over other electric car options.

Published: 23-Mar-2010

NEW YORK (TheStreet) -- Based on Morningstar's estimated price of around $8,000 to $10,000, Tata Motors'(TTM) proposed electric car would be chosen over the other electric car options -- and by a resounding margin -- according to a poll by TheStreet.
A full 81.6% of our survey respondents say they would opt for the Tata Nano EV over other electric car options, while 18.4% believe that the proposed Nano EV car is still a bit pricey, or just too small -- or both.

Other electric cars soon to hit the market include Nissan's(NSANY) Leaf and GM's Chevrolet Volt, which are expected to be available for sale by the end of the year.

GM's gas-electric Volt has a reported price tag of $40,000, and will run roughly 40 miles running on an electric charge, while Nissan's 100% electric Leaf will reportedly be sold for less than $30,000 after tax rebates, and will boast a range of about 100 miles.


TREV two-place electric car

Student-built vehicle can do 0-60 in 10 seconds with top speed of 75 mph. Photo courtesy of University of South Australia.

TranzX PST Eagle electric assisted bicycle

The pedal-activated bike is powered by a 250 Watt motor and will fully conform to the new European regulations for Electrically Power Assisted Cycles.

Mitsubishi i MiEV is being tested in New Zealand.

The iMiEV will be built in Japan from August, initially priced at about $60,000, and Mitsubishi NZ hopes it will be on sale here from next year.


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