Speaking of the latest figures, a total of 649 units of TVS iQube were sold in the month of August, which is 2722% more than in August 2020. Let us tell you that exactly one year ago in the month of August, only 23 iQube were sold. On the other hand, talking about the biggest competitor of this scooter, Bajaj Chetak EV, in August 2021 only 364 units of this electric scooter have been sold, which is 172 units more than in August 2020. Although Bajaj has sold fewer units than TVS , the company has experienced significant growth compared to last year.
At the same time, the growth of the Indian electric two-wheeler market can be measured by the fact that both two-wheeler giants jointly sold a total of 1,013 units in August 2021, compared to a total of 215 units last year, -Year-over-year growth of 371, 16%. However, this is a 20.24% decrease from July figures. Let us tell you that in July 2021, 540 units of TVS iQube and 730 units of Bajaj Chetak EV were sold.
There may be a difference in the sales of these two scooters in the near future, as there are many start-ups in India launching their new electric scooters. These include Ather Energy, Simple Energy and the well-known taxi service provider OLA. Electric scooters from all three brands are creating a stir in the market based on affordable price and powerful specifications. OLA has recently started booking its S1 and S1 Pro electric scooters and the company has claim The company is said to have sold more than Rs 600 crore in one day.
Let’s take a look at some specs. The TVS iQube electric scooter will have an electric motor with a capacity of 4.4 kW. The company claims that this scooter can give a range of 75 km on a single charge. The top speed of the scooter is 78 km/h. It will have a lithium-ion battery with a capacity of 2.25 kWh. The scooter is equipped with many advanced features and the instrument panel supports GPS/navigation and mobile connectivity.
On the other hand, Bajaj Chetak capacity 4.08kW engine is available. It has two modes. The range in Eco mode is 95 km and in High-Performance mode the range drops to 85 km. Its top speed is 70 km/h. The scooter also gets a digital instrument panel, which supports GPS/navigation and mobile connectivity.