The TVS iQube Electric was launched in India in January 2020 and it had become popular model of electric scooter in India and is available in several variants, including the iQube Electric, iQube Electric Special, and iQube Electric X. TVS iqube have an average sale of 15,000 units per months.The e-scooter achieved the sales milestone of 1 lakh units in April 2023. By the
end-September 2023, the iQube has clocked cumulative sales of 204,701 units. It shows that more people in India are getting into electric scooters, and TVS's iQube is leading the way.
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| The iQube electric scooter is available in three variants – iQube, iQube S and iQube ST. |
Also read : TVS iQube Electric price, range power and full specifications.
What's cool is how fast TVS sold these scooters. It took more than three years to sell the first 1 lakh units, but the next 1 lakh units sold in just 10 months. People in India seem to really like TVS's iQube scooter because it's a mix of good performance, convenience, and being good for the environment.
It's pretty cool that TVS becomes the first legacy brand to reach this milestone. And what's even more impressive is that they did it during these challenging times with the FAME II subsidy cut-off. This success shows that electric scooters have a bright future in Indian electric vehicle market. TVS is also good at coming up with new ideas.
TVS Motor Company is reportedly developing a more affordable version of its iQube electric scooter, which will offer only a small battery pack and lesser features.Features like TFT display and connectivity technology can be dropped to control price. This decision stems from the FAME II subsidy cuts that also affected sales figures for June 2023. The government subsidy on electric 2-wheelers was slashed by over 50%, adversely affecting their prices.
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