Hindustan Motors India to launch electric small car in next 3 years.

C K Birla Group Company Hindustan Motors Ltd, in joint venture with Japan's Mitsubishi Motors, is mulling to launch small electric-run car in the country in three years time.

Pricing of car is not disclosed but could be higher as the technology is newer. The environment-friendly, premium small car has already won Best Tech Car Award in Japan recently. It's a rear engine car, which runs upto 180 kms on a single charge.

Is this in Competition with the TATA Nano?