Bajaj Auto has announced its first four wheeler RE 60 in 2012. RE 60 would be first launched in Srilanka and then only in local area. It is expected to have the mileage of 40km per litre with 200 cc Engine. It emits just 60gm of carbondioxideper kilometer.
We are Apple kind of company. We believe in making niche products; we are an ‘anti car’ company. We are 2, 3 and 4 wheeler company and in this space, our investment can’t be anywhere near a car company, investment closer to what one would invest as 2 or 3 wheeler maker,” said the Bajaj honcho.