Tag - affordable EV India

Key highlights TVS is preparing to launch a budget-friendly electric scooter, positioned below the iQube. The scooter will likely feature a hub-mounted motor and a smaller battery, ensuring affordability. Expected to be priced between INR 90,000 and INR 1 lakh, the scooter will debut before the festive season. TVS Motor Company is set to expand its electric scooter lineup, with a new budget-friendly model expected to launch before the festive season. This upcoming scooter will be positioned below the iQube, offering a simpler design, fewer features, and a smaller battery pack to keep costs in check. Affordable EV With government subsidies fading and inflation rising, TVS aims to provide a cost-effective alternative for urban commuters. The new scooter is expected to feature a hub-mounted motor sourced from Bosch, similar to the iQube. The battery capacity will likely be around 2.2 kWh, delivering a range of 70-75 km per charge. While it may lack high-end features, the scooter will focus on practicality and affordability, making it an attractive option for daily riders. Market position and pricing TVS is expected to price the scooter between INR 90,000 and INR 1 lakh (ex-showroom), making it one of the most affordable electric scooters in India. It will compete with Hero Electric Flash, Ampere Reo, and Okinawa Lite, offering a zero-emission alternative for budget-conscious buyers. Expected launch timeline The scooter is currently in its final development stages, with TVS planning to launch it ahead of the festive season to capitalize on increased demand. Also read: New commuter electric motorcycle spied testing Source