There are barely any legacy EV makers in the EV market currently. You can count the number of legacy EV makers on your fingers, but TVS is one of those few auto giants that not only entered the EV space but is making its way to the absolute top of the EV market. The TVS has launched 4 electric scooters, and among those 4, we only have 2 E-scooters among the customers cruising through the Indian road.
In this article, we’ll talk about one of those 2 scooters, the TVS iQube S; we’ll see the features and fully explain the price structure of the TVS iQube electric scooter.
TVS iQube S Price:
The TVS iQube S, with its sleek design and cutting-edge technology, has established itself as a frontrunner in the Indian electric scooter market. But before you zoom off on this urban warrior, understanding its price tag is crucial. So, buckle up as we navigate the ex-showroom and on-road costs of the TVS iQube S, helping you make an informed decision.
iQube S Ex-showroom Price:
The iQube S sits proudly as the mid-range variant in the iQube family. It carries an ex-showroom price of Rs. 1,40,025. This base cost represents the scooter itself, excluding taxes and registration charges.
TVS iQube S electric scooter On-road Price:
But the ex-showroom price is just the starting point. To understand the actual cost you’ll incur, let’s factor in the on-road charges:
- RTO Charges vary depending on location and range from 2-5% of the ex-showroom price. For example, in Delhi, RTO charges for the iQube S would be around Rs. 2,813.
- Insurance: Third-party insurance is mandatory, and its cost depends on factors like your IDV (Insured Declared Value) and the chosen insurance provider. Generally, expect to pay between Rs. 5,000-8,000 for insurance.
- Additional Charges: Some states might levy additional charges like registration fees and handling charges. These are usually nominal, but adding them up gives you a more accurate picture of the on-road price.
Final On-road price:
Let’s retake the example of Chennai. Assuming an RTO charge of Rs. 2,813 and an insurance premium of Rs. 6,000, the on-road price of the TVS iQube S in Chennai would be approximate:
- Ex-showroom price: Rs. 1,40,676
- RTO charges: Rs. 2,813
- Insurance: Rs. 6,000
- On-road price: Rs. 1,49,489
Disclaimer:
- The on-road price can vary significantly depending on your location and chosen insurance provider. Always check with your local TVS dealership for the precise cost in your area.
- Offers and discounts might fluctuate, so keep an eye out for deals that can further sweeten the deal.
Financing options are available from TVS and other lenders, which can help spread the cost over a period.
TVS iQube S Specifications:
iQube S | Specification |
Range | 100km real world |
Top Speed | 78km/h |
Charging time | 4.5 hours |
Battery | 3.04kWh |
Motor | 4.4kW (PMSM) |
Charging cost | 3 units |
Fast charging | No |
Acceleration | 0-40 in 4.2 sec |
TVS iQube S Warranty:
The company usually provides a 3-year or 50,000km warranty on batteries and 3yr or 50,000 km warranty on electric components like BMS, motors, etc. The battery warranty can be extended for up to 5 years by paying a small fee.
The warranty does not cover the physical damages. Only the technical issues and electrical faults in the scooter are covered.
Conclusion:
With its performance, features, and a clearer understanding of its price tag, the TVS iQube S presents a compelling option in the electric scooter segment. So, weigh your options, crunch the numbers, and if it fits your budget and needs, this Gen 2 speedster might just be your ride to a greener future.
