The world's cheapest car is now available for only P100,000.00 or US$2,500 and it was unveiled Thursday in India.

India’s Tata Motors introduced the “Nano”, bringing new mobility within the reach of tens of millions of people.

The Nano has a snub nose and a sloping roof and it can fit five people. The basic version the costs $2,500 has no radio, no passenger-side mirror, no air conditioning unit and has only one windshield wiper.