TVS iQube Low Cost Variant Under Development
TVS is readying a brand new affordable variant of the popular TVS iQube electric scooter
The TVS iQube has been a profitable offering from the company which is seeking to build on it by introducing a brand new low-cost version of the electric scooter.
The brand new variant is anticipated to feature a smaller battery and potentially fewer features, catering to value conscious customers.
Whereas specific details in regards to the upcoming model are limited, industry specialists anticipate this move will bolster TVS’s place within the growing electric two-wheeler segment.
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The recent discount in FAME 2 subsidies, which heavily impacted electric car gross sales in June 2023, has prompted TVS to rethink its approach.
With smaller subsidies, manufacturers face the challenge of providing competitively priced EVs whereas maintaining profitability.
Consequently, TVS has decided to explore the use of smaller battery packs in its electric scooters to handle this issue effectively.
By choosing a smaller battery pack within the low cost iQube variant, TVS aims to significantly reduce manufacturing prices with out compromising the scooter’s efficiency.
The present iQube lineup consists of the usual iQube and iQube S models, each geared up with a 3.04 kWh battery. Nevertheless, the fate of the upcoming iQube ST, that includes a larger 4.56 kWh battery, stays uncertain given the lowered subsidy scenario.
To additional reduce prices, TVS can also consider making changes within the features provided on the low cost iQube variant. It’s expected that the corporate might go for a simpler show or make different feature changes within the affordable version.
However, particular particulars relating to feature modifications have not been disclosed by TVS yet.
Whereas an actual launch timeline for the low cost iQube variant has not been revealed, TVS has disclosed plans to introduce a premium and sporty electric scooter in the near future.
Speculation suggests this upcoming e-scooter might be based on the TVS Creon concept, showcased on the 2018 Auto Expo.
Ather is also readying a low-cost version of the Ather 450X electric scooter which has been named the Ather 450S.
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TVS iQube Low Cost Variant Under Development
TVS is readying a brand new affordable variant of the popular TVS iQube electric scooter
The TVS iQube has been a profitable offering from the company which is seeking to build on it by introducing a brand new low-cost version of the electric scooter.
The brand new variant is anticipated to feature a smaller battery and potentially fewer features, catering to value conscious customers.
Whereas specific details in regards to the upcoming model are limited, industry specialists anticipate this move will bolster TVS’s place within the growing electric two-wheeler segment.
You may like it: Best Bike in India
The recent discount in FAME 2 subsidies, which heavily impacted electric car gross sales in June 2023, has prompted TVS to rethink its approach.
With smaller subsidies, manufacturers face the challenge of providing competitively priced EVs whereas maintaining profitability.
Consequently, TVS has decided to explore the use of smaller battery packs in its electric scooters to handle this issue effectively.
By choosing a smaller battery pack within the low cost iQube variant, TVS aims to significantly reduce manufacturing prices with out compromising the scooter’s efficiency.
The present iQube lineup consists of the usual iQube and iQube S models, each geared up with a 3.04 kWh battery. Nevertheless, the fate of the upcoming iQube ST, that includes a larger 4.56 kWh battery, stays uncertain given the lowered subsidy scenario.
To additional reduce prices, TVS can also consider making changes within the features provided on the low cost iQube variant. It’s expected that the corporate might go for a simpler show or make different feature changes within the affordable version.
However, particular particulars relating to feature modifications have not been disclosed by TVS yet.
Whereas an actual launch timeline for the low cost iQube variant has not been revealed, TVS has disclosed plans to introduce a premium and sporty electric scooter in the near future.
Speculation suggests this upcoming e-scooter might be based on the TVS Creon concept, showcased on the 2018 Auto Expo.
Ather is also readying a low-cost version of the Ather 450X electric scooter which has been named the Ather 450S.
You may like it: Triumph Speed 400 Mileage Tested in Real World Conditions