Last updated:
TVS is working on an affordable entry-level electric scooter, which will be cheaper than Iqube. Its price will be less than Rs 1 lakh and it will have a hub-mounted motor. It can be launched before the festive season.
Highlights
- TVS will launch cheaper electric scooters.
- The price of the scooter will be less than Rs 1 lakh.
- Expect launch before the festive season.
New Delhi. TVS is one of the leading companies in the electric two-wheeler segment in India. The company has consistently recorded good sales with the IQUBE range. The company launched a premium electric scooter called X in 2023, but it is not yet clear how many units have been delivered.
It is now reported that TVS is working on another affordable entry-level electric scooter. According to Autocar India, this new budget-friendly electric scooter will be in the range of below Iqube and it can be launched before the festive season.
Price starts from 1 lakh rupees
Currently, the prices of TVS IQUBE range start at Rs 1 lakh for the base variant, which has a 2.2 kW battery, and the top variant goes up to about Rs 2 lakh (both ex-showrooms) for the st trim, which has a 5.1KWh battery. The new electric scooter will come at a price of less than Rs 1 lakh, which will have simple components, less features and possibly small battery pack.
Hub-mounted electric motor
Special information about the upcoming battery-purd scooter is still low, but it is expected that it will have a simple hub-mounted electric motor, such as IQOBE’s entry-level variants, which are sourced from BOSCH. This will help in cost control. Its range will be about 70-75 km, which will be enough for the daily commute.
We do not yet know what the name of this new electric scooter will be, but given the popularity of the “Jupiter” brand, TVS can name Jupiter Electric, such as Honda and Suzuki have used their strong nameplates-Activa and Access-for their e-scooters. If this happens, Jupiter will be the first two-wheeler to be available in petrol, CNG and electric versions. The CNG version of Jupiter is already in work.
