TVS iQube Prices Hiked: Here’s How Much TVS’ Electric Scooter Costs Now
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Even with FAME 2 subsidy being withdrawn, prices haven’t gone up significantly
TVS has slightly increased the prices of their electric scooter, the TVS iQube and now the scooter is slightly more expensive. The withdrawal of FAME 2 subsidy and the beginning of the new financial year has brought around this change. Here’s a detailed breakdown of the price:
|
Variant |
Old ex-showroom price (without FAME 2 subsidy) |
Current ex-showroom price (without EMPS) |
FAME 2 Subsidy amount |
EMPS Exemption |
Old ex-showroom price |
Current ex-showroom price (with EMPS) |
Difference |
|
TVS iQube |
Rs 1,55,553 |
Rs 1,46,628 |
Rs 21,131 |
Rs 10,000 |
Rs 1,34,422 |
Rs 1,36,628 |
Rs 2,206 |
|
TVS iQube S |
Rs 1,62,090 |
Rs 1,56,420 |
Rs 22,065 |
Rs 10,000 |
Rs 1,40,025 |
Rs 1,46,420 |
Rs 6,395 |
*All prices are ex-showroom Bengaluru
The price increase has been minimal and the recently-announced Electric Mobility Promotion Scheme has helped in lowering the shock that the withdrawal of FAME 2 subsidy could have caused by giving a price cut of Rs 10,000. Additionally TVS has also reduced the price of the scooters by absorbing a bit of the price hike themselves.
It is important to note that these prices are ex-showroom Bengaluru rates and actual prices in your city could vary, to get a clearer picture of the current prices it is advisable to reach out to the nearest TVS dealership.
The TVS iQube is on sale in two variants and both are powered by the same 3kW hub mounted motor with a peak power output of 4.4kW. The top speed comes to 78kmph. The motor is mated to a 3.04kWh lithium-ion battery pack that claims a 100km range. The TVS iQube competes with other electric scooters like the Hero Vida V1, Ola S1 Air, Bajaj Chetak and the upcoming Ather Rizta.
