Tara Tiny worlds cheapest car: can it compete with the Tata Nano?

So now we have a new world’s cheapest car the Tara Tiny, and it has taken the crown away from the former cheapest car the Tata Nano. The Tiny is an electric vehicle with a 22 volt motor which is charged through a 15 amp socket. The little car will travel between 80 to 100 kilo meters with just one 8 hour charge.
However this comes at a price as the Tara Tiny can only reach a speed of 50 km, that’s only 31mph, and there are only two seats.
Then there is the Tata Nano, this car is powered by a 623cc two-cylinder engine, and produces 33 horsepower. The small car can reach a top speed of 65 mile per hour and will carry four people.
So the question is, would you want the Tara Tiny that is cleaner to the environment, or would you rather the Tata Nano, which is faster and holds more passengers?
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Tata Nano is still a dream. There is a sad news about the Nano. It has halted production at its current site. Check this out:-
http://www.kanbal.com/index.php?/Latest/tata-nano-still-a-dream.html