New Delhi: Pune-based Bajaj Auto on Wednesday said that even after three years of developing the quadricycle, the company is yet to launch the vehicle as the government is yet to come out with a policy for the segment.
"Even after three years of developing the product and investing in it... I am still waiting for policy clearance to introduce this safe, comfortable quadricycle," Bajaj Auto Managing Director Rajiv Bajaj said at an AIMA conference.
In Auto Expo last year, Bajaj Auto had said it was ready to roll out its RE60 once it received a go ahead from the government for the quadricycle.
"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 had then said.
Once the government notifies the quadricycle norm, creating a separate category, then it will take the company about 2-4 months for ARAI (Automotive Research Association of India) certification, he had added.
The company has set up a production capacity of 200 units per day at it's Aurangabad plant, from where it rolls out three-wheelers.
