TVS Motor hikes costs of EV scooter by ₹17,000 – ₹22,000

Two and three-wheeler maker TVS Motor Firm Ltd has hiked the value of its electrical two-wheeler between Rs 17,000 – Rs 22,000 relying on the variant.

The worth hike on its electrical two-wheeler iQube is efficient from Thursday (June 1) following the revision within the central authorities’s FAME II subsidy scheme.

The corporate mentioned it is going to provide a loyalty profit programme for the shoppers of iQube who had made bookings until Could 20 for a restricted interval to ease the fee burden put up the revision in FAME II subsidy.

Moreover, new clients may avail new costs with out having to bear the complete burden of FAME II revision on reserving the car beginning June 1, 2023, mentioned Okay.N. Radhakrishnan, Director and CEO.

SEE ALSO:
SUVs drive Mahindra & Mahindra’s 14% auto gross sales development in Could to 61,415 autos
Sebi to public sale 17 properties of seven enterprise teams on Jun 28 to recuperate traders’ cash