Auto TVS chief Venu Srinivasan wants 10% GST rate cut on hybrids as automaker launches iQube Electric Updated : January 27, 2020 09:54 AM IST TVS chairman Venu Srinivasan said that with its scooter iQube Electric the company has tried to give customers a connected vehicle which can replace their smartphone. The auto industry veteran wants a 10 percent reduction in the GST tax rate on hybrids. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.