The group displayed the compact 'RE60' at a presentation in New Delhi, stressing the car's high fuel efficiency and low carbon dioxide emissions, but it did not release a price tag.
"At Bajaj Auto, we believe the people of the planet deserve much better, much faster," said Rajiv Bajaj, managing director of the group which is best known for its motorbikes and three-wheelers.
The 200cc vehicle which is set to enter the same segment of the market as the world's cheapest car, the Indian-made Tata Nano will do 35 kilometres per litre of fuel and emits just 60 grammes of carbon dioxide per kilometre.
Bajaj said that "the vehicle's emissions were typically half of what the small cars currently emit in our market."
"The main customers targeted are drivers of three-wheeled motor-rickshaws, but also anyone else who wanted to take it home once it goes on sale some time this year," Bajaj said.
The narrow four-seater car will do a top speed of 70 kilometres an hour and weighs just 400 kilogrammes, with Baja stressing that it had been designed specifically for urban commuters.
India has become a centre of small car design, engineering and production, with demand for cheaply-made cars booming as millions gain middle-class status each year.
The Tata Nano was launched in 2009 and costs as little as 140,880 rupees ($2,770) for the no-frills model.
Earlier in 2011, Bajaj abandoned a joint project with France's Renault and its Japanese partner Nissan to develop a low-cost car.
nice deals!thanks for sharing..keep it up.regards.
ReplyDeleteThis car is looking smaller than Nano and similar to Reva.But if it costs less than Nano,then I can compromise with it.But in my opinion 200cc is very less,even bikes have more powerful engine than it.
ReplyDeleteI have an update about a latest car which is going to launch in Indian market.General Motors India is planning to launch Chevrolet Captiva next month.Very nice and impressive SUV,Chevrolet Captiva looks very fabulous and stylish.It's sizzling performance with mind blowing mileage and power make new avatar of excellence.
Chevrolet Captiva is said to be a head turner with elegant and sporty exterior look with a rigid monocoque body. Captiva is packed with bold wheel cutouts and powerful shoulder line with satin silver finish skid plates in the front and rear that adds aggression and sophistication on the open urban roads.
Chevrolet Captiva is a car with luxury and style both in interiors and exteriors. The exterior of Chevrolet Captiva is unmatched with a class-apart style. The sporty headlight makes the visibility very clear. The finishing touch on the exterior is done by the chrome finishing on the door handles and dual exhaust pipes. The alloy wheel base makes the look more complete and classy.