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TVS iQube New Variant to Launch at Lower Prices Soon

ByGargi|Updated on:13-May-2024 10:42 AM

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ByGargi

Updated on:13-May-2024 10:42 AM

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TVS will be expanding its electric vehicle lineup with a new, simpler variant of the iQube, aiming to reach a broader customer base by offering affordability without compromising quality and features.

TVS iQube New Variant to Launch at Lower Prices Soon
TVS iQube

Key Highlights:

  • TVS showed interest in introducing an entry-level variant of iQube.
  • The e-scooter is expected to come with fewer features and a small battery pack.
  • At present, TVS is offering iQube in two variants- standard and S.

TVS is known in the electric vehicle market for its iQube offering, which it is planning to expand with a simpler variant, to cater the wide range of customers. The company has shown interest in introducing an entry-level variant of iQube soon in the Indian market.

As the variant is expected to be a simple entry-level version of existing iQube, we can expect the scooter to come with less features and a small battery pack. This move must be considered as a smart attempt by TVS to bring down the cost of iQube for more buyers and constant sales.

Market Dynamics

The move by TVS can be considered a result of influence by the ongoing price slashed by many other automotive companies due to the end of the FAME 2 subsidies.

iQube and its Variants

At present, TVS is offering iQube in two variants- standard and S. The standard variant gets a 5-inch full-colour TFT display, on the other hand, the S variant has got a 7-inch bigger TFT display. On can find the rear dual hydraulic springs adjustable in iQube S variant only.

At present TVS iQube Standard variant is offered at Rs 1.19 (ex-showroom), and iQube S variant is offered at 1.29 Lakh (ex-showroom). We can expect the new variant of iQube to be priced around Rs 90,000 to 1 lakh (ex-showroom), considering the scooter to offer less features and affordability. 

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TVS iQube New Variant to Launch at Lower Prices Soon
TVS iQube

CarBike360 Says

TVS iQube has provided value for money services to its buyers. Same can be expected from the upcoming entry-level version. With the launch of the new variant, iQube will be a strong example for TVS to prove its commitment to deliver comfortable and advanced mobility solutions to Indian buyers. 


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