Altair Nanotechnologies receives $540,000 order for hybrid electric vehicle battery packs
October 17, 2008 Altair Nanotechnologies Inc., a provider of advanced nanomaterials and products for power and energy systems, has received an initial $540,000 order for four hybrid electric vehicle demonstration battery packs from DesignLine International.
The Nano, the world's cheapest car, will hit Indian roads in July, four months after its formal launch yesterday, and demand is expected to far outstrip supply as the price tag of around $2,000 draws legions of new buyers.