TVS just announced the changed price of its all-new electric scooter iQube. The on-road price of the electric scooter will cost you around INR 1 Lakh in Delhi.
In the last few days a new amendment increased the FAME II Faster Adoption and manufacturing of Electric Vehicles in India) subsidy on electric two-wheelers by 50% to INR 15,000 per kWh. The outcome of this affected the price of the electric two-wheelers in reduction. In addition, the price of the Ather 450X electric scooter is dropped by INR 14,500, and the TVS iQube price reduced by 11,250 as a result of this amendment. However, the Bajaj Chetak will not be affected as it hasn’t received FAME II approval yet.
TVS told that the price of this electric scooter, iQube will be deducted by INR 11,250. This directly highlights that the on-road price of iQube in Delhi has gone down to INR 1 lakh and while on the other hand, the on-road price in Bengaluru is INR 1.10 lakh. The reason why electric scooters are cheaper in Delhi is that they also receive an additional state subsidy in that region.
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The brand announced that the TVS iQube will be available in over 20 cities in India by March next year. The brand also signed an MoU with convergence energy services to set up public electric charging stations across the country which will definitely lead to the enhancement of our automobile sector.
With this being said, what do you think about this electric scooter TVS iQube Do let us know in the comments box below. Also, join our exclusive AutoHunters Auto Enthusiasts Whatsapp Group (click via mobile to join) to be a part of interesting automotive discussions.
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