After 5 years of showcasing its small car concept in the
year 2008, Bajaj Auto Ltd. has now taken everyone by surprise. The company is
now all set to foray into the four wheeler segment by launching the world’s
cheapest car Bajaj RE60 and give tough competition to Tata Nano.
In its recent announcement the company has planned to bring
out 5000 units of its 4 seater, ultra low cost RE60. The car which is meant for
only intra city use is powered with a one cylinder petrol engine and promises
to deliver a mileage of 35 kmpl. As per the company, the vehicle has been characterized
between a three-wheeler and a car which they termed will create a new segment
called the ‘quadricycle’.
The commercial manufacturing of the RE60 will begin after
the government-appointed committee submits the report. The car is expected to
be priced near around 1.4 to 1.5 lakhs which can be termed as another wonder
after Tata Nano. Though many believe
that it is nowhere around Tata Nano and the only one to which it gives competition
is the Tata Magic Iris.
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Bajaj RE 60 |
Its only matter of time that will make it clear of how
successful Bajaj’s new venture will be or will it be able to compete with the
Tata Nano or it will just become an another option for a passenger auto.
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