Awaiting a formal notification on quadricycles, Pune-based Bajaj Auto on Wednesday said it is ready to roll out its RE60 model once it gets a go ahead from the government.
Bajaj Auto also showcased a concept U Car, powered by a liquid cooled engine with automatic transmission.
"Two years back we had showcased the RE60, today we are ready for commercial production of this vehicle. We are just awaiting government notification," Bajaj Auto president, commercial vehicles, RC Maheshwari said at the Auto Expo.
He said once the government notifies the quadricycle norm, creating a separate category, it will take the company two to four months for ARAI (Automotive Research Association of India) certification.
“If all goes well, our expectation is that launching the RE60 should be possible by September-October this year," Maheshwari added.
He said the company has set up a production capacity of 200 units per day at the company's Aurangabad plant, from where it rolls out three-wheelers.
When asked how the vehicle would be priced, he said it would be announced at the time of commercial launch but it would be costlier than a three-wheeler.
This will be available in fuel options of petrol and CNG.
He said Bajaj Auto has approached several state governments for approval to register the vehicle under a new category.
Some states such as West Bengal and Delhi have shown keen interest in the vehicle, he added.
When asked if the RE60 would be exported, he said it was possible but the company would first launch it in India.
"We are getting a feel of the product in some overseas markets with some distributors...Countries such as Sri Lanka, Bangladesh, Peru and Nigeria have potential for this vehicle," Maheshwari said.