Rajkot, Oct 13: Nano seems to have a competitor before it is lauched. It is the low priced Oreva E of a Gujarati company, small electric car of Nano's price. Ajanta Manufacturing Ltd, which makes electric bikes, said its Oreva e-car was specially designed to compete with the Nano. The company plans to launch its product around the same time as Nanos would roll out of the factory.
"After registering a strong presence in the e-bike segment, we are set to enter the electric-car category," said Oreva e-car dealer Yogesh Tank. Jaysukh Patel, managing director, Ajanta Manufacturing Ltd however, refused to comment. "In fact, we have designed the car to rival Nano. That is why Oreva E will be available within the Rs 1 lakh price range," said Tank.
Oreva E"s with a purview of becomong a strong contendor for Nano, has delayed its lauch in the market. "Initially, we wanted to launch it in the last quarter of this financial year," Tank said. "But this is a trial model. Many elements could be changed in the final one," he said, adding that the first model did not have an air-conditioner.
"But the AC option will be available by the time we launch the final model," he said. The company has not yet begun production of the e-car.