New Car with Fuel Cost at $0.01 per Mile

October 23rd, 2011
in econ_news

Tata-logo Econintersection:  The headline is not a misprint.  Tata Motors of India plans to have a car on the market in that country in 2012 that will cost only a penny a mile for fuel.  At $3.50 a gallon for gasoline, that is the equivalent of having an internal combustion engine power source that gets 350 mpg!  The vehicle is reported to have a top speed of only 65 mph but it is no glorified motor scooter.  The car will have comfortable seating for at least four large adults.  Tata indicates there will be seating for six.  Pictures and more details follow the continuation break.

Follow up:

The Australian website reported this past week:

Tata Motors and ex-Formula One engineer Guy N. from a Luxembourg MDI have come up with a car that runs on air. Dubbed the Tata Mini CAT, or Air Car, the environmentally-friendly car uses no petrol, requires little maintenance and has a range of around 300km between re-gassing.

The way the Air Car is propelled is fairly straight forward. There are two tanks of compressed air which turn an almost-conventional piston motor and drive system. The system is said to propel the small van to a top speed of around 105km/h.

The following photos are from





The target retail price for the Air Car will start around $12,700 in India.


Hat tip to Naked Capitalism

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