![]() Financial Daily from THE HINDU group of publications Saturday, Oct 29, 2005 |
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Environment Corporate - Outlook Bajaj Auto's electric 3-wheeler may hit roads next year Our Bureau
Chennai , Oct. 28 `ECORICK', Bajaj Auto's battery-powered 3-wheeler is likely to hit the roads next year. The vehicle was on display at an exposition held here by SAEIndia earlier this week. The vehicle would cost around Rs 1.25 lakh around Rs 35,000 more than the conventional, petrol-driven 3-wheeler. The cost of running the vehicle would work out to 50 paise per kilometre, compared with Rs 1.50-2 per km for petrol vehicles. EcoRick is not a hybrid vehicle, which can run on both petrol and battery. It is powered only by a 12-volt lead-acid rechargeable battery. The on-board battery charger can be plugged into any household electrical outlet. Once fully charged, which takes about 8 hours, the battery can power the vehicle up to 130 km.
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