TVS Motor hikes prices of EV scooter by Rs 17,000 - Rs 22,000

Chennai, June 1 Two and three-wheeler maker TVS Motor Company Ltd has hiked the price of its electric two-wheeler between Rs 17,000 - Rs 22,000 depending on the variant.

The price hike on its electric two-wheeler iQube is effective from Thursday (June 1) following the revision in the central government's FAME II subsidy scheme.

The company said it will offer a loyalty benefit programme for the customers of iQube who had made bookings till May 20 for a limited period to ease the cost burden post the revision in FAME II subsidy.

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