TVS will refund INR 20 Crores to customers of iQube 
TVS has been ordered to refund money to the TVS iQube customers. Along with other brands like Ather & OLA . All these Brands sold the portable chargers separately to their customers so that the price of their respective EV scooters two wheelers could be kept at INR 1.5 LACS . This limit of 1.5 Lacs was like a qualifying criteria to receive FAME incentives from the Government of India. Ministry of Heavy Industries did all these investigations. Ola and Ather refund runs into more than Rs. 100 crore, TVS refund stands at around Rs. 20 crore. The Hosur-based (near Bangalore) company TVS will start contacting its customers for a refund. However there are no fixed timelines decided for the same source Online news media
