Moneycontrol Bureau
Bajaj Auto on Tuesday laid to rest all the speculation surrounding its ultra-low-cost-car programme by unveiling the four-wheeler RE60, which it feels will revolutionize mass transportation and change the way people commute within the city. Bajaj Auto said the four-wheeler will set "global benchmark" in carbon-di-oxide [CO2] emissions, with just 60gm/km and offer a mileage of 35km to a litre. This is Bajaj's first attempt at making a four-wheeler. It currently sells the Pulsar, Discover, and Boxer range of motorcycles and three-wheeler commercial vehicles. "We are very excited with the outcome of our efforts and, in the RE60; we believe we have an excellent solution for the mobility challenges arising from the rapid urbanization of India," MD Rajiv Bajaj said. Bajaj was initially expected to develop a low-cost car rivaling the Tata Nano. But then it was clarified that it would certainly be a four-wheeler but not necessarily a passenger car. The RE60 seems to be more of a people carrier, especially for intra-city commute. "We are presenting an optimized solution for intra-city passenger transport. This vehicle has been designed for intra-city use, keeping in mind the intra-city duty cycles and safety requirements," Bajaj said. RC Maheshwari, president, commercial vehicles, further added that the vehicle presented a small, simple solution to combat pollution and inflation didn't need fresh investments in infrastructure or subsidies. "It retains a small footprintDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!