The Neo or electric Nano project was a joint exercise between Tata, and Coimbatore-based engineering and production house Jayem.
There were two versions planned; a 48-volt version, this one, and a more powerful 72-volt version for owner drivers.
The voltage of a system basically determines the speed at which electrons can be drawn through a system: a Porsche Taycan, for example, has an 800-volt system.
Jayem made a batch of 400 cars on order from Ola Cabs, and these were delivered for use in Hyderabad and Bengaluru at the beginning of the pandemic.
The Neo EV, however, was never put on sale due to many factors, one of them being that engineers were in the process of reducing costs of the 72V version.
Building a 72V architecture means you have to use more robust and expensive parts everywhere in the electric system.
The motor uses no permanent magnets and is known as a Tesla-type motor; named after Nikola – the man, not the company.