Bajaj Auto Limited, one of the bigest automobile manufacturer in India has uvneiled it's new plan to introduce RE60 Four Wheeler. All along, Bajaj Auto’s Managing Director, Rajiv Bajaj, has been maintaining that the RE60 is not a car and is more of a four wheeler.
Bajaj Auto Limited, the market leader in three wheelers has been pinning high hopes on the recently unveiled RE60 Four Wheeler. All along, Bajaj Auto’s Managing Director, Rajiv Bajaj, has been maintaining that the RE60 is not a car and is more of a four wheeler.
The Ministry of Roads has formed a technical committee to examine all aspects including safety norms which would then enable the government to announce a policy. So far, only Europe has a quadricycle segment with the Renault Twizy being one example.
One clear beneficiary of such a policy in India would be Bajaj Auto’s RE60 four-wheeler unveiled at the Auto Expo in January. However, this segment will certainly also interest Piaggio, Mahindra & Mahindra as well as TVS, which was an early proponent, given its potential to be a mass segment.
Interestingly, Tata Motors initially conceived the Nano as a quadricycle but this was met with huge resistance within the industry which stonewalled the formation of a quadricycle category. This led Tata to develop the Nano as a full car. Now, it seems that companies like Bajaj Auto are asking for the same concessions.
