News
According to a media report, TVS is working on a low-cost version of the iQube electric scooter.
TVS' electric scooter range currently consists of the iQube and iQube S, with both versions powered by a 3.04 kWh battery. The new variant is likely to be positioned below the current base trim. It could be offered with a smaller battery pack and might miss out on some features.
It is said that TVS is mulling a more affordable variant of the iQube due to the recent cut in the FAME-II subsidy. The government subsidy on electric 2-wheelers was slashed by over 50%, adversely affecting their prices. As a result, EV sales have also taken a hit.
TVS had been working on a more premium variant called 'iQube ST' as well. This variant was said to be powered by a 4.56 kWh battery offering a much longer range. As the subsidy is reduced, it's unclear whether this variant will ever see the light of day.
Source: Autocar India