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Biz News
Euro-1 three-wheeler
FROM ISSUE #54 (03 AUG 2001 - 09 AUG 2001)
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Hansraj Hulaschand have begun marketing Bajaj Auto's new four-stroke three-wheeler in Nepal. The authorised distributor of Bajaj vehicles in Nepal says the three wheelers are more cost effective compared with their competition-the gas- and battery-run three wheelers and micro buses-and are also clean, since they comply with Euro-1 emission standards. A company press release says the price of a new Bajaj is Rs 225,000, including VAT and other taxes, almost one-third the cost of a gas or battery-run three-wheeler. The company says the new vehicle is an alternative to the two-stroke machines the government plans to phase out later this year.
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