The company claims that the vehicle's 216-litre petrol will deliver a mileage of 35 km per litre, with lowest emissions. Unveiling the four-seater RE60 here, Bajaj said the company will roll out the "revolutionary four-wheeler RE60" from its Aurangabad plant, where it used to manufacture its once iconic scooters. However, he refused to divulge a tentative price tag or the investment in developing the vehicle.
Also read: Bajaj Auto top loser on Sensex, down 3%
"Pricing will be decided only after regulations are in place," he said. Explaining the reason for the committee report, Bajaj Auto's President, Commercial Vehicles, R C Maheshwari, said, "The government has given us an in-principle approval to create this new class of four-wheelers or quadricycles". "A committee is working on regulations and norms for such vehicles.
We understand that the process for the final inclusion of this new class in the commercial vehicles segment will take a few months more," he said. He also pointed out that such vehicles have already been classified in Europe, USA, Canada, Japan and other parts of Asia and suggested that the government follow similar classification and standards.
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