Bajaj Auto's quadricycle Qute is set to enter the Russian market at a price tag of about 300,000 rubles (Rs 305,851), making it the cheapest car in the country. The quadricycle will be launched in the coming months and its deliveries will begin by November this year.
Bajaj currently exports Qute to 16 countries across Asia, Africa, Latin America and Europe.
The automaker aims to export 100,000 units of Qute in the current financial year
Bajaj expects good response in Russia as people have shown interest in smaller vehicles due to difficult economic conditions. Passenger car sales have declined for the fourth year in a row in Russia and the demand for cheap cars is increasing.
The car, which was primarily designed for the Indian market, is facing legal hurdles in the country. The Pune-based automaker is not allowed to sale the vehicle in India because of many petitions filed in courts describing it as an unsafe car.
The quadricycle is powered by an all-new water-cooled 217 cc single-cylinder engine coupled with 5-speed manual gearbox, Bajaj Qute has a fuel efficiency of 36 kmpl and a top speed of 70km per hour.
BW Reporters
The author is Senior Correspondent with BW Businessworld
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