TVS Motor company has forayed in the electric vehicle segment and has launched its first-ever electric offering with the iQube electric scooter. The new TVS iQube Electric Scooter is priced at Rs. 1.15 lakh (on-road, Bangalore) and will be first sold in its home market bangalore before introducing the model in other cities.
The company has installed a production capacity of 1,000 units per month for the new iQube and expects to sell about 100 units in the first few days. One can book the TVS iQube Electric on the company's website or at select dealerships for a token amount of Rs. 5,000.
venu Srinivasan, Chairman, TVS Motor Company, said, "TVS Motor is driven by customer Centric Innovation. As india moves ahead, its mobility solutions would increasingly be total experience-led, nowhere is this felt sharper than among the youth of India.