- Likely to be launched this year
- iQube gets a 110cc petrol engine and an electric motor
- Will get FAME subsidy
TVS is on fire. After launching three new products back to back, it has set its eyes on making its presence felt in the green vehicle segment. According to our sources, the company is likely to launch the iQube hybrid scooter in India this year.
First unveiled to the world at 2010 Auto Expo, the iQube gets an 110cc petrol engine along with a hub-mounted electric motor with two battery options, 150Wh and 500Wh. The electric motor powers the scooter when it is below 20kmph. Once above that, the petrol engine kicks in to take care of further performance. Both these instances are controlled by economy and power riding modes.
While the overall design of the iQube is likely to remain the same, TVS might play with some bright colours in order to make it more appealing and desirable. The Hosur-based manufacturer has been mulling over launching this hybrid scooter for a long time, but insofar, it couldn’t find the climate in the automotive industry and its policies feasible for such a move. Now, with growing interest from the government and other manufacturers, TVS has decided to bring this most-awaited scooter to production.
We’re expecting TVS to launch the iQube at a competitive price tag as it will get the FAME subsidy. Unfortunately, the current FAME subsidy structure is valid till 30 September 2018. The government is working on the phase 2 of FAME which is expected to be better and more supportive than the first one.