The world's cheapest car! - Tara Tiny @ Rs 99K

The Tata Nano is no longer the world's cheapest car! Jostling along with Tata Nano, this July, will be Tara Tiny and Tara Titu. These are zero emission, electric cars and cost only Rs 99,000! And they come from the Tara International stable.  Tara S Ganguly, the company's chairman and chief executive officer, had a big dream. And he set about realising it 'in a small way.' Tara International has teamed up with China's Aucma, a leading player in the electrical vehicles and appliances segment, to manufacture these cars.

At the moment, four variants of electric cars are ready at the Tara International factory at Palta, a few kilometers from Kolkata. These are Tara Tiny, Tara Titu (two-seater and four-seater, respectively), Tara Shuttle, and Tara Carrier. While Tara Tiny and Tara Titu are priced at Rs 99,000 (approximately), Tara Shuttle and Tara Carrier are priced at Rs 500,000 (approximately). The company will also launch electric bikes priced between Rs 12,000 and Rs 35,000.

The Tara series cars are available in electric red, black and white. Bikes comes in varied hues -- green, blue, red, etc.

Ref: http://specials.rediff.com/money/2008/mar/17tara1.htm