Nano’s competitor Geely to hit the market in 2012
IG-Intelligent Geely from the Chinese automaker which recently acquired Volvo is claimed to be bigger, faster, cheaper and more economical than the Tata Nano.
The IG is a 4 seater car however with limited rear space unlike Nano which is capable of accommodating four adults in comfort. Geely intends to increase its market presence and is expected to enter the Indian market before the scheduled launch of the car in 2012.
“The concept has had a very positive reaction, and with the car not launching until 2012 there is time for us to expand our network before then,” indicated a company spokesperson.
The car will be powered by a 988cc petrol engine, developing 70bhp and 69lb ft with a five-speed CVT gearbox. The IG will be priced between Rs. 1 lakh to Rs. 1.35 lakh
The company is also working on the electric model schedules to be launched in 2014 will run 150kms on a single charge. It will feature Lithium ion batteries and 80 bhp motor and will also have solar panel on its roof, bonnet and dash.
