Bajaj Auto Managing Director Rajiv Bajaj said that company has, in partnership with Renault-Nissan, developed India’s most fuel efficient and least-polluting car engine. The engine has been developed for the small car the three companies are together planning to launch in the country in 2012. He also said the car would be priced below Rs 2 lakh.
The car is expected to compete against Tata Motors’ Nano, which at an ex-showroom price of Rs 1.23 lakh is billed as India’s cheapest.
Bajaj said their car would give a mileage of 30 kilometre to a litre of fuel and emit less than 100 grams of carbon dioxide (CO2) after a kilometre-long run. Currently, Nano, with a CO2 emission rate of 101 grams to a kilometre, is considered the least polluting car in India. It gives a mileage of 20 kilometres to a litre.
“The price of the car will be below Rs 2 lakh. We were very clear from the beginning, that we are not making the cheapest car in the country or a Rs 1-lakh car. We also do not want to cut back on features of the car. But, of course, we are leveraging the lower costs structure that we enjoy for making two-wheelers,” Bajaj told Business Standard.
The car is expected to compete against Tata Motors’ Nano, which at an ex-showroom price of Rs 1.23 lakh is billed as India’s cheapest.
Bajaj said their car would give a mileage of 30 kilometre to a litre of fuel and emit less than 100 grams of carbon dioxide (CO2) after a kilometre-long run. Currently, Nano, with a CO2 emission rate of 101 grams to a kilometre, is considered the least polluting car in India. It gives a mileage of 20 kilometres to a litre.
“The price of the car will be below Rs 2 lakh. We were very clear from the beginning, that we are not making the cheapest car in the country or a Rs 1-lakh car. We also do not want to cut back on features of the car. But, of course, we are leveraging the lower costs structure that we enjoy for making two-wheelers,” Bajaj told Business Standard.
