The world's largest three-wheeler maker Bajaj Auto has unveiled its first four-wheeler, the RE60, a four-seater intra-city passenger vehicle. Fitted with a 200 cc petrol engine, RE60 is not a small car competing against the Tata Nano, but an urban passenger vehicle meant to compete with three-wheelers. The vehicle-which Bajaj Auto had announced last year after scrapping its ultra low-cost car project-will hit the road in 4-6 months. Bajaj Auto redefined urban public transport in the country with its three wheelers in the early 1960s. It now wants its four wheelers to replace many of the more than five million three wheelers in the urban India landscape. Designed in-house in accordance with intra-city duty cycles and safety requirements, RE60 will be sold through its network of three-wheeler dealerships. Bajaj sees huge potential for exporting RE60 to Sri Lanka, Bangladesh and even Africa and Latin America where affordability levels are low.
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