Renault-Nissan Together with India's Bajaj Auto Presents Cheap Fuel-Efficient Car

Today environmentally-friendly vehicles have one major problem - the cost. In order to create a cost-friendly green car, Renault-Nissan signed a bilateral agreement with Bajaj Auto.

Bajaj is a company based in India and is the nation's second-largest manufacturer of bikes. The collaboration between Renault-Nissan Alliance and Bajaj Auto resulted in the creation of a small energy-efficient vehicle dubbed ULC, which most likely stands for Ultra-low cost.

ULC boasts an impressive range of 70 miles per gallon. In addition, the vehicle's price is just $3,000.

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