Bajaj RE60 May Take World's Cheapest Car Title from Tata Nano

The country's largest manufacturer of three wheelers is set to dip a toe into the automotive manufacturing with an all-new vehicle. The Bajaj RE60 features a water-cooled 200cc engine with around 20 horsepower, and as a result, the vehicle has a top speed of just 70 km/h. That may not be quick, but the company says there's room for up to four people indoors or up to 14.1 cubic feet of cargo area with the rear seats folded flat.

The Bajaj RE60 weighs in at a mere 400 kg, and the company plans to offer several fuel variants. Gasoline, liquid propane gas and compressed natural gas versions will all be available, though buyers won't be able to get their hands on an RE60 with a diesel engine. So far, there's no word on price, but we're guessing it'll have to undercut the Tata.