November 1, 2023Business Desk

The Tata Nano, once known as the "world's cheapest car," was discontinued in May 2018.

Tata Nano was launched at a cost of Rs 1 lakh ($1,300) on January 10, 2008

Source: Nano

Tata Motors projected production figures of 250,000 annually at launch

Source: Nano

Nano’s actual sales stood at 7,591 for model year 2016-2017. It competed with Maruti’s Alto, and Wagon-R, among others

Source: Nano

Tata Motors discontinued it due to factors like slow sales, safety concerns, and a shift in consumer preferences

Source: Nano

Despite its initial hype and the goal of providing an affordable transportation option in India, the Nano faced challenges and gradually phased out of the market

Source: Nano