Bajaj RE60, the low-cost, four-wheeler commercial passenger carrier, will come in three fuel variants: petrol, CNG and LNG.
Earlier, Bajaj Auto made its foray into the four-wheel segment by unveiling RE60 on Tuesday. It is targeting three-wheeler customers to shift to the vehicle for a smoother ride inside the city.
"We are looking at the customers who currently operate three-wheelers to shift to this four-wheeler low emission segment," Rajiv Bajaj, the company's managing director, said. "This is not a car but a four-wheeler vehicle, which is a new segment in its own right. We have put in a lot of technology and features which are not in three-wheelers or even cars."
Weighing about 400 kg, Bajaj RE60 is powered by a 200cc rear-mounted water cooled DTSi four-valve engine that can churn out a top-speed of 70 km an hour. The price for RE60 has not been announced yet. It will be produced at the firm's Aurangabad facility.
Bajaj Auto currently manufactures about 5 lakh three-wheelers a year, a majority of which are exported. Even if a small percentage of its potential customers look for RE^), it could mean big volumes for the low-cost four wheeler.