The Bajaj-Renault alliance for developing an Ultra Low Cost (ULC) vehicle has made the headlines for many times in the past. The Indian 2 wheeler major’s first entry into the 4 wheeler segment was more than enough to create some stir. According to the terms of the JV with its partner, Renault Nissan, Bajaj was responsible for the development of the model while Renault-Nissan would be taking care of sales and marketing. But later, rumours were quite strong that the alliance was not going good and a split up was quite inevitable. However, it seems now things are back on track and Bajaj is finally ready with the car. The RE60, which will be unveiled on the 3rd of January, is a 4-wheeler which will also be used for commercial applications and more rickshaw-like than car-like. Some even say the RE60 is just a rickshaw with an extra wheel, with a top speed of 65 kmph. [click to continue…]
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