Tata Motors Ltd. (NYSE:TTM), the Indian motor vehicle giant, is bringing to market a new car that could find a warm fuzzy home in the hearts of green drivers. The Air Car uses compressed air to drive its pistons. Refills are as simple as a stop at the compressor station, and cost a reported $2 for 340 liters of air at a pressure of 4,350 psi. The car also has a built-in compressor to recharge its tank from any electrical outlet in four hours.Tata claims the car can reach speeds of 68 mph and travel up to 125 miles between charges. It was designed by MDI of Luxembourg, who hopes to license the design worldwide.
Tata's CityCAT model is expected to list for $12,700. The company hopes to have 6,000 cars on the streets by next year. Unfortunately, the design is too fragile to meet U.S. requirements, so don't expect to see one soon.
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