OEC orbital corporation limited

Bajaj launches RE GDi autorickshawAnnouncement / Corporate...

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    Bajaj launches RE GDi autorickshaw

    Announcement / Corporate December 8, 2007



    * Breakthrough technology promises lowest emission with highest fuel
    efficiency

    * Innovation expected to spur replacement demand

    Pune 8th December 2007: Bajaj Auto has announced another break
    through engine technology with the launch of the highly fuel
    efficient and low emission RE GDi Autorickshaw. This vehicle
    incorporates the latest in Gasoline technology – the Gasoline Direct
    injection engine, to achieve substantially lower emissions than even
    the alternate "clean" fuel CNG vehicles. Designed and developed by
    Bajaj Auto's R&D, the technology ensures not only a cleaner
    environment but also delivers low operating cost to the autoricksha
    owner. Bajaj Auto presented the innovative new GDi technology at
    their Corporate Headquarters in Pune today.

    The benefits of this new technology are:

    Emissions

    The direct injection of fuel as a fine mist controlled precisely with
    an Electronic Control unit (ECU) avoids escape of unburnt fuel into
    the exhaust and drastically reduces emissions. The emissions per km
    on the RE GDi Autorickshaw is 25% lower Autorickshaw for HC+NOX
    (Hydrocarbons and nitrous oxides) and 50% lower for CO (Carbon
    Monoxide) than the RE Autoricksha with virtually no visible smoke.
    Even more important the emissions are also comparable or lower than
    the alternate "clean" fuel engines using LPG/CNG.

    Economy

    The RE GDi delivers a substantial 33% better fuel-efficieny than the
    conventional RE Autoricksha. This is a boon to operators in the days
    of rising fuel prices. The new engine also has an electric oil pump,
    which is again precisely controlled by the ECU, to deliver savings on
    oil consumption as well. The pilot group of customers to whom
    vehicles have been sold are reporting additional income of Rs.80-100/-
    per day.

    Other Advantages

    Other user friendly features available on the RE GDi are:

    * Electric starter to reduce driver fatigue

    * Twin headlamp for improved visibility

    * A new dashboard for car like feeling

    *Swing arm with anti dive link front suspension

    The Engine has been tuned for strong low-end torque to deliver 15%
    more torque and 25% more power for improved drivability in congested
    city traffic.

    Mr.R.C.Maheshwari the CEO for the commercial vehicle business
    said "Alternate fuels like LPG and CNG, while being environmentally
    friendly, present logistical and distribution challenges that would
    take time to overcome. We have developed an excellent alternative
    that runs on conventional gasoline and at the same time generates
    lower emissions. With this technology being available now, any
    concern of local governments, state bodies and NGO's on gasoline
    autorickshaw emissions should no longer be there. We would like to
    suggest to the authorities to accept GDi vehicles in the category of
    environmentally friendly vehicles."

    "Our R&D has developed some of the most efficient engines in the
    world over with pioneering technology breakthroughs. We have kept
    very aggressive targets for our Commercial vehicle businesses and the
    common values that will drive the business will be those of
    Innovation and offering the highest value for our customers. We will
    be leaders in both businesses through Product and Process
    innovations," continued Mr. R.C. Maheshwari.

    Bajaj Auto currently has the widest range of 2 stroke gasoline, 2
    stroke LPG, 2 stroke CNG, 4 stroke gasoline, 4 stroke LPG, 4 stroke
    CNG and Diesel 3-wheelers in its stable that sell about 25,000
    vehicles per month of which almost half is exported.

    The GDI vehicle will be launched in a phased manner throughout the
    country and the focus would be on educating customer groups on the
    enormous benefits that the vehicle offers to their earnings. After
    Pune, Bajaj Auto plans on launching the vehicle in Trivandrum and
    Mangalore.
 
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