TVS iQube launches 10-city marathon to deliver 1,000 e-scooters in 10 days
The company handed over 100 TVS iQube scooters to its customers in New Delhi on Monday, starting the 10 day, 10 cities, 1,000 electric scooters mega delivery marathon.
The company handed over 100 TVS iQube scooters to its customers in New Delhi on Monday, starting the 10 day, 10 cities, 1,000 electric scooters mega delivery marathon.
Since the launch of TVS iQube electric scooters, TVS Motor has been receiving heartening responses from customers. The range of TVS iQube Electric series was launched across three avatars, which are loaded with the best-in-class features and enhanced range, the company said.
The iQube series comes in three variants, in 11 colours and three charging options.
The base variant of Ola S1 Pro is competitively priced at INR 85,099, marking a difference of INR 13,465. The Ola and Ather electric scooter prices are ex-showroom, Delhi, including Fame-II subsidies, and exclude insurance, registration and road tax charges.
The price of iQube (base version) and iQube S start at INR 98,564 and INR 1,08,690, respectively. However, the company did not announce the price of the iQube ST variant.
The partnership is an extension of the mutual commitment between the companies towards increasing the share of EVs in food delivery and on-demand delivery services, the company said.
Even as startups like Ola Electric and Ather Energy disrupt the electric vehicle space, legacy two-wheeler makers Hero MotoCorp, Bajaj Auto, TVS Motor and Honda Motorcycle & Scooter India are readying up or have defined an aggressive roadmap to keep lead and ride on the increasing popularity of clean vehicles.
In the second half of October, TVS had carved out a subsidiary for electric vehicles, reasoning that it will give it "scale and flexibility" to expand the EV business. TVS is seeking to raise the funds from pure financial investors and has no plans to onboard strategic investors, one of the people told ET.
TVS iQube is the latest electric scooter from the Chennai-headquartered automobile manufacturer, which is retailed at Rs 1.15 lakh.
The price cut varies from INR 7947 to INR 28,000 depending on the company and model of the electric scooter.
The electric scooter is now priced at Rs 1,00,777 in Delhi from Rs 1,12,027 earlier.