MOT AND TAX EXEMPT - Following the purchase of Bond Cars Ltd. in 1969, Reliant commissioned Tom Karen of Ogle Design to alter the Reliant Rogue design; the car would now become a Bond vehicle. The Bond Bug was based on chief engineer John Crosthwaite's newly designed chassis,[4][5] and used a mixture of Reliant Regal parts, and running gear which had been designed for the Reliant Robin 750, which was due to be launched in 1974. The original concept was explored by chopping down a production Regal vehicle, the car's rear being shortened to end over the rear axle.[citation needed]
The engine is the front-mounted 700 cc Reliant light-alloy four-cylinder unit. At launch, 29 bhp (22 kW; 29 PS) was claimed for the less expensive 700 and 700E models. The more upmarket 700ES incorporates a redesigned cylinder head, which permitted the compression ratio to be increased from 7.35:1 to 8.4:1.[6] This provided a power increase to 31 bhp (23 kW; 31 PS) as well as improved torque for the then range-topping 700ES.[6]