TVS, Ather, Ola hike prices of electric two-wheelers as new subsidy norms kick in
Electric two-wheeler makers TVS Motor Company, Ather Energy and Ola Electric have increased prices of their products as curtailed subsidy structure comes into effect from June 1.
In a statement, TVS Motor Company stated that in order to propel the electrification journey further in a sustainable manner after FAME II scheme revision, it has increased iQube’s price between Rs 17,000 and Rs 22,000 depending on the variant.
The iQube base and S trims were earlier priced at Rs 1,06,384 and Rs 1,16,886, respectively in Delhi.
