Finally competition has arrived for the Tata Nano car, which is India’s cheapest car selling under 3000 US$. Bajaj Auto Ltd; world’s second largest motor cycle maker unveiled a new car or an AutoRiksha today. The car named as RE-60 has 200 cc rear mounted, low emission engine and a fuel efficiency of between 35 to 40 Km per litre. The engine is a new water cooled DTSi 4 (Digital Twin Spark Ignition) valve and would give a maximum speed of 70km per hour.
The managing director of Bajaj Auto says that he may export this car first to SriLanka before selling it to India. The car has such low emission that it emits only 60 grams of carbon-di-oxide gas per km.
The engine for the car is state-of-the-art and environment friendly. The car is frugally engineered and would be produced at three-wheeler plant in Aurangabad, in the coming months.
Bajaj Auto ltd. have not announced the price yet, which is not likely to be crucial factor if India’s Nano experience is recollected. The Nano sales numbers are no where near expectations and present two wheeler owners have simple refused to change over to a four wheeler. The Nano has therefore become just one of the choices for second car.
That is why perhaps Bajaj Auto chairman wants to sell his car in SriLanka and not in India, where selling is likely to be very tough.
3 January 2011