Tata Motors to release the cheapest electric car

The Indian auto manufacturer Tata Motors decided to return to production of the popular Tata Nano model. They will create a compact electric car that will become one of the cheapest and affordable electric cars in the world. According to plan, Tata Nano will be sold to taxi depots and companies like Uber, for the carriage of the passengers. By the end of 2017, Tata Motors will release 350 electric cars ordered by the government of India. At the moment, the price of the novelty is unknown.

The last few months, trade in Tata Motors stocks was changeable. Since September, the stocks have risen by 5.6%. Today, the stocks of the company are expected to grow on the news. Trade will be available during the European session, from 4:30 to 10:00 GMT.

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