Air Car will be released this year thanks to $30 million from Tata
Tata has invested in the Air Car before, and the company is not officially saying whether the investment pushed up the Air Car's release date. MDI spokesperson Alan Zaire does say there is "no shortcoming in technology" and that the company has "resolved [its] financial problems." So, look for the Air Car to be launched in France late 2008 or early 2009, with an exclusive release in India by Tata (maybe based on Tata's hatchback). The cars are powered by compressed air, have a top speed of 68mph, a 125-mile range and will fill up in minutes at a cost of $2. Thanks for the tip, Steve!
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