India's Tata Motors may produce a hybrid model based on the Nano, the world's cheapest car, Reuters reports.
A South Korean publication quoted company chairman Ratan Tata as saying his team is looking into the car, but failed to elaborate on the subject. He went on to mention that the automaker's Ace light truck may be exported and produced in South Korea in the near future.
Tata's $2000 entry-level model has become a huge success in the market, with orders and production levels nearing capacity. It's so popular that officials had to implement a lottery system to purchase one. Profits are currently on the upwards swing for Tata after a string of massive losses.
If a hybrid Nano does come into fruition, it's safe to assume it'll be just as popular as its gasoline-powered sibling, if the price is right, of course.
Thanks to: Motor Trend
