India-based Bajaj Auto has unveiled its RE60, the company's first four-wheeled vehicle ever. It is targeted at commercial users as well as owners of three-wheeled vehicles India, the company said. It has also revealed that its production could involve Renault and Nissan. The launch of this four-seater RE60 ended months of rumors flying across India's auto industry on the nature of the ride, which promises fuel efficiency and low carbon emissions.
The four-wheeled RE60 looks like an oversized hatchback with an elevated roof. Nissan and Renault, who worked with Bajaj on creating what was anticipated to be an ultra low-cost minicar, will decide on cooperation regarding the RE60 in the next few days, according to Rajiv Bajaj, Bajaj Managing Director.
Rajiv Bajaj further stated that at no point did they intend to be contract manufacturers for Renault-Nissan. He also said that with small or big modifications, they can supply to Renault-Nissan if they wish. Moreover, he disclosed that Nissan and Renault have not seen the product and thus, if they were to walk away, it is also okay with the India-based company.
Rajiv Bajaj also disclosed that Renault-Nissan will see the vehicle for the first time at the India Auto Expo this year. Bajaj is the second biggest two-wheeled vehicle manufacturer in India. It is also the world's leader in the three-wheeled vehicle segment, which includes the rickshaw taxis used across the third biggest economy in Asia.
The RE60 will be built in Bajaj's plant in Aurangabad, India. It will be available to customers in the next few months, Bajaj disclosed.