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TVS iQube Sales Grow By 101 Percent In FY2024

Published on 9 May, 2024, 6:34 AM IST
Updated on 9 May, 2024, 6:40 AM IST
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Sutanu Guha
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Cumulatively, TVS’ customer base grew by three lakh last financial year.

The EV journey has turned out to be quite the merry affair for TVS in India. After kickstarting 2024 by crossing the 250,000th production milestone with the iQube, the Hosur-based manufacturer has now revealed that its EV sales grew by a whopping 101 per cent in the last financial year. 

In the period between April 2023 to March 2024 (FY2024), TVS sold 1.94 lakh EVs in the country, as against 0.97 lakh units in FY23. Out of which 49,000 units were sold in the last quarter of FY24, which is also a 15 per cent growth as against 43 lakh the brand sold in the same period in FY23. 

(Also Read: TVS iQube S A Quick Review: Great Family E-scooter)

Currently, the iQube is available in two variants – iQube and iQube S. There’s also the top-spec iQube ST, but bookings for it is on hold. As of now, the iQube starts from ₹1.20 lakh, up to ₹1.29 lakh (ex-showroom, Delhi, with subsidies). Both models are now also available with a limited 5-year/70,000 km extended warranty package worth ₹5,999 at just ₹3,262.

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TVS iQube
TVS EV sales
TVS FY24
TVS Motor Company

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