Bajaj Auto, has announced that the much awaited four wheeled commercial city car, RE60 will hit the Indian roads by the end of the current financial year.
Bajaj RE60 made a spectacular appearance earlier this year at the 2012 Delhi International Auto Expoand its launch will be aimed for intra city conveyance in urban areas as an alternative choice for three wheeled auto rickshaws.
Mr. S Ravikumar, Senior Vice-President (Business Development) at Bajaj Auto Ltd, was quoted as saying, "The commercial production of RE60 will begin by the end of this fiscal and the launch will also happen at the same time." He, however, refused to make any statement in regards to the production quantum and the capacity allocated for the manufacturing of Bajaj RE60.
The company has revealed that the RE60 has been gradually developed within a span of 4 years and is directed towards the domestic as well as international markets owing to the fact that the three-wheelers of the company share the same target markets as the RE60.
Bajaj RE60 is said to incorporate a 200 cc rear mounted petrol engine and has a top speed of 70 kmph with class leading mileage of 35 kmpl. The car has been designed to be highly fuel efficient combined with extremely low carbon dioxide emission levels.
