Just like Ford's Model-T, Tata motor's Nano will make owning an automobile possible for several hundred million families. Use this link to Wired Magazine to learn more about India's 50-MPG Tata Nano.
Demand for the Tata Nano is so high the company is using a lottery system to select the first 100,000 lucky owners.
At the moment, the Nano will be offered only overseas, but the company insists a version could be headed to North America in three years. Wired
If hundreds of millions of poor families can now afford to drive a car, won't that demand raise the price of gas? Millions of new automobile users will surely emit additional carbon dioxide into the world's atmosphere.
The Nano supposedly emits 30 grams of carbon dioxide per kilometer, well below the 160 g/km average of Europe's cars and far less than the 130 g/km standard the European Union will adopt in 2012. Wired (click link to learn more)