Hyderabad, March 2023: The TVS Company, announced the launch of TVS IQUBE Electric Scooters at Kiran TVS, MG Road, Secunderabad, today. Guest of Honor Vishal Vikram Singh, Area Manager TVS Motor Company Ltd; formally unveiled the two models on the occasion. Balakrishnan, Area Service Manager, TVS Motor Company Ltd; Ravi Kiran, State Head E Mobility TVS Motor Company Ltd; Rajesh Dhanda, Promoter, Kiran TVS and Saketh Kumar, Promoter, Kiran TVS, graced the occasion. Kiran TVS is a three-decade-old, trusted TVS dealer, servicing clients in the twin cities.
Vishal Vikram Singh said, TVS is the company that has the largest range of two-wheelers, from mopeds to commuter bikes, premium bikes, superbikes, and scooters, now we are expanding our range to electric vehicles. We are the number two company in India with a 25% market share and soon will be number one with our production capacity expansion in April. We are extremely optimistic about the way this vehicle’s popularity in the Hyderabad market and with Kiran TVS we will strengthen the position further. Right now, we have a 23% market share in Hyderabad, soon we will be targeting a 30% market share in electric vehicles. We have three models IQube, IQube-S, and IQube-ST, with one of the highest ranges of 100 km on one charge, with a top speed of 78 km per hour, and that too in four hours of charging. It is one of the best EV two-wheelers. Its running cost is Rs 7000/- for 15000 km, approximately for Rs 18/- you can run up to 100 km. This vehicle has recently got the green Bike of India award from Autocars. By owning this vehicle, you can save money and contribute to society, as these vehicles are pollution free. The price range starts from Rs 1,15,000/- on-road price.
Mr. Rajesh Dhanda, said, the Kiran TVS dealership was started in 1995 and has been in this business for almost 28 years.
Mr. Saketh Kumar said, Our moto has been customer-centric right through, has around two lakh highly satisfied customers, and has been raising our market share consistently over the years.
The two models of IQube and IQube-S, in 3 variants in 5 colors, appeal to tech-savvy millennials. The elegant-looking and high-end EVs, offer a pollution-free and noise-free ride and flaunt the latest amenities including a fully digital meter, HMI Controller, power, and eco. TVS IQube variants are powered by two lithium batteries with 3.4 kWh power. The vehicle comes with 3 years or 50,000 km warranty for both batteries and motor. The EX-showroom price of IQube is Rs 1,15,283 and IQube-S is Rs 1,21,413.
