@vijay i think its for commercial use only not personal use this is wat i had heard back in 2013 when it was launched.wait lemme check,aaah here it is.
The
Bajaj RE60 is an inexpensive,
rear-engined, four-passenger
quadricycle[2][3] built by the
Indian company
Bajaj Auto and is aimed primarily at the
Indian domestic market. The car was the first four-wheeler manufactured by Bajaj Auto, which was unveiled on 3 January 2012.
[4] Bajaj RE60 was expected to challenge the
Tata Nano in
India.
[5] However, the RE60 is not legally classified as a car and therefore cannot be sold to individuals.
On 22 May 2013, The Central Government legally classified it as a quadricycle.
[2] It is unable to reach speeds of 90 km/h and is therefore only allowed to be used for commercial purposes to replace
Auto rickshaws.
[6]
History
In 2010, Bajaj Auto announced the cooperation with
Renault and
Nissan Motor to develop of a US$ 2,500 car, aiming at a fuel-efficiency of 30 kilometres per litre (85 mpg-imp; 71 mpg-US) (3.3 L/100 km), or twice an average small car, and carbon dioxide emissions of 100 g/km.
[7][8]
Bajaj Auto first unveiled the Bajaj RE60 on 3 January 2012, at the
2012 Auto Expo in
Delhi.
[9] Bajaj Auto was best known for scooters and three-wheel auto-rickshaws, and is India’s second-largest two-wheeled vehicle maker and is a world leader in three-wheeled vehicles. RE60 is Bajaj’s first foray into the four-wheel market. At its unveiling, the company announced that the car had high fuel efficiency of 35 km/l (99 mpg-imp; 82 mpg-US) and low carbon dioxide emissions.
[10] With a fare meter included in the base model’s dashboard, the firm is targeting auto-rickshaw drivers by offering a four wheeler as economical to run as a three wheeler, but safer and more comfortable.
courtesy:
http://en.wikipedia.org/wiki/Bajaj_RE60