The Tata Nano
made headlines as the world's least expensive new car
and it's now facing a new challenger that's battery powered. The Ajanta Group is better known for making clocks but they also build electric scooters and bikes. The Gujarat-based Ajanta wants to get into the car business with an electric vehicle
that's cheaper than the Nano
. Ajanta group director Jaysukh Patel seems to think they can just transfer their electric bike technology to a car and produce 70 percent of the parts in-house, saving money. That seems a little unrealistic - even in India
- unless what they are planning is closer to a neighborhood electric vehicle than a real car. For a price under $2,500 the car will almost certainly be relegated to lead acid batteries and very short range. It will be interesting to see how Ajanta's new EV
compares to the Reva G-Wiz which is also built in India.