Commercial launch of RE60 by end of FY'13: Bajaj Auto

"The commercial production of RE60 will begin by the end of this fiscal and the launch will also happen at the same time," Bajaj Auto Ltd (BAL) Senior Vice-President (Business Development) S. Ravikumar told PTI. He, however, declined to comment on other details such as the possible production capacity for the vehicle.

During the Auto Expo in the national capital in January this year, BAL had unveiled the RE60 that will be targetted at the three wheeler customers. The company had, in 2008, showcased a concept small car that was supposed to be developed in association with Renault-Nissan, but decided not to go ahead with the project.

The RE60, powered by a 200 cc rear mounted petrol engine could also be sold in overseas markets where BAL's three wheelers are exported, the company had said. The company had spent nearly four years in developing the product that has a top speed of 70 kilometre per hour with a highest mileage of 35 kilometre per litre.