Home Blog TVS Sales Increases by 23 Percent to 3.39 Lakh Units, iQube And...

TVS Sales Increases by 23 Percent to 3.39 Lakh Units, iQube And Jupiter Shows Good Performance

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TVS Motor, one of the largest two-wheeler companies, saw its sales rise by 23 percent to 3,39,513 units in January. The company had sold 2,75,115 units in the same period last year. Sales of its electric scooter iQube rose by about 34 percent to 12,169 units.

The total sales of the company’s two-wheelers increased by about 25 percent to 3,29,937 units. In January last year, this sale for TVS Motor was 2,64,710 units. The company’s two-wheeler sales in the country increased by 24 percent to 2,68,233 units. In the same period last year, it was 2,16,471 units. Its motorcycle sales increased by 29 percent to 1,55,611 units. It was 1,21,042 units in the same period last year. Its two-wheeler sales have increased by 24 percent. It has sold 1,32,290 units of scooters in January. In the same period last year, it was 1,06,537 units.

TVS’ total exports grew 22 per cent to 69,343 units as against 57,024 units in January last year. Company It said that its exports have been affected due to disruptions in the availability of containers. To meet the growing demand for electric scooters, the company has prepared to increase the production capacity of iQube to 25,000 units per month. Along with this, it also plans to expand the sales network of electric two-wheelers. The company has also prepared to export electric two-wheelers in the international market.

Its iQube competes with Ola S1 Pro and Ather 450X. electric scooter It has a 3.4 kWh battery. Its range is around 100 kilometres on a single charge. The top speed of iQube is 78 kilometres per hour. Its other variant iQube ST has a 5.1 kWh battery. Its range is around 145 kilometres and top speed is 82 kilometres per hour. This electric scooter can be charged up to 80 percent in about five hours. The price of TVS’s new electric scooter TVS X is around Rs 2.5 lakh. It has 12 inch alloy wheels and a storage capacity of 19 litres under the seat. The sales of electric two-wheelers have increased rapidly in the last few years.

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