Bajaj Auto launches ultra-low-cost car RE 60

Bajaj Auto Ltd recently announced that the company is planning to roll out 5,000 units of its four-seater "quadricycle" codenamed RE-60. Although Bajaj has an in-principle go-ahead from the government, commercial production would happen only after a government-appointed committee submits its report. Powered by a one cylinder petrol engine, the RE-60 is claimed to return a mileage of 35 kmpl. Slotted between a three-wheeler and a car, the RE-60 would create a new segment called ‘quadricycle.’