Teco group intends to bring down the Tata Nano to Taiwan soon after being thoroughly impressed with the car. The company is studying the feasbility of having the world’s cheapest car in Taiwan at around $5000, taking into account all the taxes and extra costs incurred to make the car comply with Euro V emission norms. Teco is interested in either manufacturing parts for the Nano or being Tata Motors distributor in Taiwan. However the Nano will have to pass collision tests before getting the green light for sale in Taiwan.