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7 pts

Opinion on  Tata Motors Ltd (TTM)     Sector: Consumer Cyclical  >  Industry: Auto & Truck Manufacturers
Isn't this the coolest sci-fi thingy on wheels...

Apr 04, 2007 02:30 PM GMT


All the more reason to buy TTM


Tata Motors, has signed an agreement, in yet another exciting engineering and development effort, with MDI of France for application in India of MDI’s path-breaking technology for engines powered by air.

 

The MDI Group is headed by Mr. Guy Negre, who founded the company in the 1990s in pursuit of his dream to pioneer an engine using just compressed air as fuel – which may be the ultimate environment-friendly engine yet. Besides, the engine is efficient, cost-effective, scalable, and capable of other applications like power generation.

 

The agreement between Tata Motors and MDI envisages Tata’s supporting further development and refinement of the technology, and its application and licensing for India.


http://www.theaircar.com/tata_agreement.html


Air car



TTM:  This call was made on 04/04/07 @ $16.04
Rating:   Positive   $16.04 (04/04/07)
Gain/Loss:   -15.09% in 962 days
Target:   $22.00 (+37.16%) in > one year


+ Referring to this analysis:


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Who voted on this idea?
michinois 79% 04/04/2007


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