Bajaj Auto unveils RE60
DHNS
New Delhi, 04 Jan 2012: Bajaj Auto, on Tuesday, unveiled a mini four-wheeler for intra-city urban transportation targetting three-wheeler customers.
The company, which had in 2008 showcased a concept small car but decided not to go ahead with the project, will launch the new product named RE60 later this year.
“Certainly, this is a product, the core customer for which are those who use a three wheeler,” Bajaj Auto Ltd (BAL) Managing Director Rajiv Bajaj said.
He said the RE60, powered by a 200cc rear-mounted petrol engine could also be sold in overseas markets where BAL’s three-wheelers are exported. Bajaj said the company had spent nearly four years in developing the product that has a top speed of 70 kmph with a highest mileage of 35kmpl. “This vehicle has been designed for intra-city passenger transport keeping in mind intra-city duty cycles and safety requirements,” he added.
As per an agreement with the Renault-Nissan alliance, BAL was supposed to develop and manufacture the vehicle and sold under the badge of the alliance. The car is priced at Rs 1.41 lakh for the base model.