Sunday, June 07, 2009
Compressed air car from Tata Motors
Tata Motors turns strategic investor in new technologies by entering into partnership with MDI, France for producing small cars run by compressed air. Traditionally Indian firms entered into technology license agreements to locally produce a car or other product , which is in regular production currently or in the past in licensor's country. In this case, the technology is still in the introduction stage prior to emergence of a dominant design. R&D portfolio of Tata Motors is now a classic case with developments aimed at product extensions, co development of new concepts like compressed air cars and also investing heavily in directed applied research.