Finally, Tata Nano has a competitor in Bajaj RE60 in the ultra-low cost four-wheeler category. However, these two vehicles are not strictly comparable as RE60 is aimed at targeting three-wheeled rickshaw drivers to go for an enclosed model; whereas Nano is full-sized car.
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While Bajaj’s RE60 is fitted with a one-cylinder, rear-mounted 200cc water cooled DTSi petrol engine; Tata Nano offers a decent performance with its two-cylinder, 624cc multi-point fuel injection petrol engine with a maximum power of 37 bhp at 5500 rpm.
However, Bajaj promises a higher average of 35 kilometers per litre and a top-speed of 70 kilometers per hour; as against around 25 kmpl provided by Tata’s Nano. Both the vehicles has a seating capacity of 4 persons.
Rajiv Bajaj, MD of Bajaj Auto, was quoted as:
“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.”
While a fully-loaded version of Nano would cost you around Rs.2.25 lakh at on-road Mumbai price, the Bajaj’s petit car is likely to be priced much lower at around Rs.1.5 lakh to woo rickshaw owners to shift to the new four-wheeler model from their motorized three-wheeled rickshaws.