TVS Motors is all set to launch a new variant of its iQube electric scooter on May 18 at 2 PM. It is in continuation of its iQube model, which first hit the market in 2020.
Though, the company is yet to reveal the details of upcoming model, but reports said that it is most likely an update for the present iQube, with a powerful battery.
The model has been teased by the company over its social media handles ahead of the launch. The latest social media posts of the scooter uses the tag #TheStoryOf123, possibly hinting on its range, which could be much larger than existing 75 km single charge range, which is much less than other electric scooters in the market. The competitors offer 90 km in a single charge
The new iQube could also be updated with a high-power motor. The existing model uses 4.4kW hub-mounted BLDC motor powered by three lithium-ion batteries that have a combined capacity of 2.25kWh, which allow the scooter to have a claimed range of 75km on a single charge..We are redefining the formula of mobility with simplicity of 1-2-3. Stay tuned to know more!#ThePowerOf123 #TVSiQubeElectric #TVSiQube #TvsMotorCompany pic.twitter.com/GxSDwKJzN1
— TVS Motor Company (@tvsmotorcompany) May 17, 2022
The price of the new model is expected to range between ₹1 lakh and ₹1.10 lakh.
The TVS Motor is coming with an update to keep pace with the growing competition in the electric vehicle market.
The old model currently features full-LED lighting and a digital display with TVS SmartXonnect function and cost about ₹1.15 lakhs. It is available in selected TVS outlets in Bangalore.
(Edited by : Sudarsanan Mani)
First Published: May 18, 2022 2:17 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Stampede-like situation disrupts Rahul Gandhi, Akhilesh Yadav's joint rally in Uttar Pradesh
May 19, 2024 4:26 PM
Ladakh Lok Sabha election: With Independent candidate's entry, it's now a 3-way contest for BJP and Congress
May 19, 2024 4:01 PM