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Bajaj Mulling Over its Ultra Cheap Car Project

August 15th, 2009 | No Comments | Posted in Bajaj

Bajaj had announced that it will introduce its ultra cheap car in the Indian market, soon after the Nano was launched. The car is coded as ULC and a feasibility study is underway to study the economic and technical feasibility of such a project in India.

”The techno-economic feasibility for the passenger 4-wheeler will be evaluated by Bajaj-Renault-Nissan for a final decision, leading to firming up of the co-operation parameters among partners and a suitable JV agreement,” according to the company.

Bajaj will build this car in association with Nissan and Renault in India. The USP for selling this car will be its fuel economy as Bajaj promised that this car will deliver the best mileage, exceeding any other small car in the country and will be the most fuel efficient car in India. It stated the emphasis will be on the fuel economy and not the car’s price. The car will be built at Bajaj’s Chakan plant near Pune with an initial capacity of producing 250,000 units annually.

Bajaj is also revamping the car’s design which was originally designed by Renault. The new design will take into consideration aerodynamic aspect and other features that will enable car to deliver better mileage.

[Via: cartradeindia]

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Indian Government Asked to Implement Stricter Fuel Economy Standards

August 14th, 2009 | No Comments | Posted in Manufacturers

“The fuel economy norms in India are very lacking nature and there has been no movement on the issue,” says Anumita Roychowdhury, Associate Director, Center for Science and Environment (CSE). The CSE has urged the government to enforce stricter rules on fuel economy standards in India. There is an Energy Conservation Act in India and the Parliament office has also issued a directive to the Bureau of Energy Efficiency to develop stricter fuel economy standards but the same has not been implemented effectively in India.

“The car industry has got away with self-labelling, without meeting any official standards,” reiterated Roychowdhary. There have been ongoing discussions since past three year but no concrete steps have been taken so far. She also stated that the ‘Indian small car’ market is gradually shifting to mid to large cars which account for 36 percent sales now. This mean the fuel efficiency will still be lower. Moreover, carbon-di-oxide emission from cars accounts for more than half of all CO2 emitted by vehicles. She said the failure to develop fuel economy standards is out of line with the aspiration of developing India as a car manufacturing hub.

[Via: cartrdaeindia]

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3 New Electric Scooters From Ultra Motors

August 13th, 2009 | No Comments | Posted in Manufacturers

Ultra Motor Company will launch three new electric scooters in India by 2010. There is a rising demand for electric scooters in India and the company intends to cater to this demand in the country. It will launch one high end-scooter and two low priced models in India by next year. It already sells three models – Marathon, Marathon Light (low speed) and Velocity (high speed). All the models fall in the range of Rs. 18,000 – 34,000.

The new high speed model slated for the launch next year will be imported as completely-built from its mother plant in the UK. The company intends to invest Rs. 150 crores in India to increase its production capacity as well to manufacture the upcoming new low-priced models. It has already achieved a sales figure of 24,000 units in India last year which account for 22 percent of the total sale of electric vehicles in India.

[Via: cartradeindia]

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