TVS iQube Receives a Major Price Slash of ₹11,250

iQube latest prices inside post new subsidy: There has been a total reduction of more than ten percent over the older prices..

Indian government is pushing for electric mobility in its bid to contain vehicular pollution in the country. That simply means that these are probably few of the last generation internal combustion engines that we are riding.

Indonesia has recently targeted 2040 as the internal deadline to completely move to electric bikes. In its pursuit, the subsidy under the FAME II scheme by the government was increased. This has resulted in major price reductions in 2-wheelers. Ather 450X got cheaper by Rs 14,500. And in an official announcement TVS has shared the updated prices of its lone electric 2-wheeler iQube.

iQube Latest Prices – June 2021

CityOld PriceNew Price
New Delhi1,12,0271,00,777
Bangalore1,21,7561,10,506

Comparing the prices, there has been a flat slash of Rs 11,250 in both the cities the scooter is currently sold in. This will result in savings of greater than 10 percent over the older price.

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iqube latest prices
iQube is TVS’ first and only electric 2-wheeler in the market.

TVS has applauded the move and says that greater incentives will enhance the penetration of electric 2-wheelers in India.

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Unlike its peer Bajaj, TVS has started focusing on increasing the charging infrastructure to support its foray in this segment. Fresh charging points are being planned in 20 cities. And the scoot is also going to similar number of cities within this year.