In its foray into the passenger car segment, the country’s second largest two wheeler manufacturer Bajaj Auto Ltd is aiming for a fuel efficiency of 30 kmpl for its ultra low cost car, which is being developed in collaboration with Renault-Nissan. The company said it will also be the most environment friendly car in the country.
Earlier this week, Renault Nissan CEO Carlos Ghosn had confirmed that it is looking to price the car at $2500 (Rs 1.1 lakh), which will make it even less expensive than Tata’s Nano.
Currently the Nano with its base price of Rs 1.23 lakh (ex showroom Delhi), is the cheapest car in the world. It is also the most fuel efficient at 23.6 kmpl as well as the most environment friendly car on the road with a carbon dioxide emission of 101 gram per km. Bajaj is trying to challenge the car on all these fronts.
“We have been focusing on developing a car with a monthly cost of ownership low enough to motivate two-wheeler buyers to upgrade to a car. Our aim is to deliver a mileage of 30 km per litre,” said Rajiv Bajaj, MD, Bajaj Auto Ltd.