TVS Motor NSE -0.63 % Company on Tuesday said it has reduced the price of iQube Electric scooter by Rs 11,250 in line with revision in subsidy under the FAME II Scheme. The electric scooter is now priced at Rs 1,00,777 in Delhi from Rs 1,12,027 earlier.
The new pricing is in line with the recently announced revision in subsidy under the FAME II scheme by the government, TVS Motor Company said in a statement.
