TVS Plans Sub-Rs 1 Lakh Electric Scooter to Compete with Chetak and OLA S1X

TVS Motor is launching a new budget-friendly electric scooter. This model is expected to be priced under Rs 1 lakh and will compete with the OLA S1X and Bajaj Chetak.

New TVS Electric Scooter

TVS Motor, leading the Indian electric two-wheeler market, is set to launch a new e-scooter. Building on the iQube's success, a budget-friendly model is in development, possibly named TVS Orbiter or TVS Indus. Trademarks for 'EV-One' and 'O' have reportedly been filed.

Low-Cost Electric Scooter

Likely an entry-level scooter, this model will be priced below the iQube, directly competing with the OLA S1X and Bajaj Chetak. It's expected to be priced around or under Rs 1 lakh and could launch between October and December 2025.

TVS Electric Vehicle

It will likely feature a Bosch hub-mounted electric motor, less powerful than the iQube's, and a battery under 2.2 kWh. Expect a simple LCD console and basic connectivity features.

OLA Competitor Scooter

Currently, the TVS iQube is available in 6 variants, priced from ₹1.08 lakh for the 2.2 kWh basic model to ₹1.60 lakh for the 5.1kWh ST model (ex-showroom). The new TVS Orbiter will likely target a competitive price point within this range.

Electric Vehicle Under Rs 1 Lakh

TVS is poised to challenge popular electric brands like OLA, Bajaj, and Hero Vida. This new model could be a great option for those seeking a quality electric scooter at an affordable price.