Image – Vlogger Satyam GuptaTVS recorded more exports than domestic sales for the month of May 2021 due to stricter curbs and lockdowns across the country
With the country grappling with the second wave of the Covid-19 pandemic, business in every sector was adversely affected. The story of the auto industry was no different with restrictions across the country impacting production as well as sales of vehicles. Meanwhile, TVS Motor Company registered cumulative sales of 166,889 units in May 2021.
In comparison, the company sold 69,008 units in the month of May 2020 while in April this year, the Hosur-based bikemaker recorded total sales of 2,38,983 units. This resulted in YoY growth of 141.84 percent and an MoM decline of 30.17 percent. These numbers include two-wheelers and three-wheelers sold both in domestic and overseas markets.
Total two-wheelers stood at 154,416 units in May 2021 as against sales of 56,218 units in May last year. Out of these numbers, motorcycles accounted for 125,188 units in May 2021 in comparison to 26,772 units in May 2020. Best sellers in the motorcycle segment included the Apache range.
Whereas, scooters registered 19,627 units in May 2021 as against sales of 16,120 units in May 2020. Domestic two-wheelers registered 52,084 units in May 2021 while the figures stood at 41,067 units in May last year. Scooter sales featured Jupiter, Ntorq, iQube among top sellers.
TVS Sales May 2021 vs April 2021 (MoM)
A total of 12,473 three-wheelers were sold last month out of which only 131 units accounted for domestic sales while the rest were shipped overseas. This resulted in MoM and YoY decline of 68.20 percent and 99.85 percent respectively on domestic sales.
The company’s total domestic figure stood at 52,215 units which resulted in over 60 percent decline in both MoM and YoY sales. In comparison, a total of 114,674 units were shipped overseas which translated to a massive YoY growth of 547.62 percent.
TVS also sold a total of 9,601 mopeds inclusive of domestic and exports last month. In comparison, 27,753 units of mopeds were sold in April this year and 13,326 units of mopeds were retailed in May last year. This translated to a decline in MoM and YoY sales by 60.36 percent and 27.95 percent. A total of 102,332 units of two-wheelers were exported to overseas markets last month which resulted in the exact same MoM and YoY growths of 7.94 percent.
TVS Sales May 2021 vs May 2020 (YoY)
It is clear from the figures that exports boosted the sales figures of TVS Motor for last month. This primarily due to lockdowns imposed in most states across the country. The Hosur-based manufacturer currently retails fourteen products in India which include eight motorcycles, four scooters, one moped and one electric scooter. More
Image – Vlogger Satyam GuptaTVS recorded more exports than domestic sales for the month of May 2021 due to stricter curbs and lockdowns across the country
Image – Subhani AutomotiveTVS Motor reported MoM de-growth both in terms of domestic sales and exports in April 21
A year-on-year comparison is not possible due to zero sales reported in April 2020 because of the lockdown imposed by the Government of India in view of the Coronavirus pandemic which struck the country in March 2020. Hence, here we compare MoM sales and exports of TVS Motor Company that has seen de-growth on both counts.
Domestic Sales – TVS Motor
Total two wheeler sales sold in domestic markets in April 21 stood at 1,30,981 units, down 35.21 percent over 2,02,155 units sold in March 21. Of the TVS Motor lineup, it was only the Pep+ scooter that posted marginal MoM growth of 2.89 percent while every other model suffered from poor sales.
TVS Apache, XL and Jupiter were at the top of the domestic sales charts with sales above the 25,000 unit mark. Apache sales dipped 11.17 percent to 29,458 units in April 21, down from 33,162 units sold in March 21. Despite de-growth, the TVS Apache was at No.6 among the best-selling motorcycles in India in April 21.
TVS XL100 sales on the other hand suffered a 41.87 percent de-growth from 44,688 units sold in March 21 to 25,977 units sold in the past month. Jupiter sales suffered the highest MoM de-growth in the company lineup at 55.30 percent to 25,570 units sold in April 21, down from 57,206 units sold in March 21. However, while assessing the best-selling scooters in the country, TVS Jupiter was at No.2 in April 21.
TVS Sales Breakup April 2021
TVS Pep+ sales were the only silver lining in the company lineup. Sales increased 289 percent to 8,143 units in April 21, up from 7,914 units sold in March 21. The Pep+ is regaled for its lighter weight, novel features and affordable pricing. TVS Motor reported de-growth in terms of Sport, Radeon Zest, StarCity and iQube along with that of the RR310.
TVS Exports April 2021
TVS Motor Company had seen its highest ever monthly exports in March 2021, crossing the 1 lakh unit mark. However, the company reported a 9.68 percent de-growth in terms of two wheeler exports in April 21 as March exports which had stood at 1,05,282 units dipped to 95,087 units in the past month.
The Apache, NTorq, XL, Victor, RR310 and Jupiter posted positive growth while Star City 125, Star City, Sport, Radeon and Wego saw its exports numbers dip MoM. Below is a detailed breakup of TVS two wheeler exports for April 2021.
TVS Exports Breakup April 2021
The company has also noted that its popular NTorq 125 has cross the 1 lakh unit mark in terms of exports. The NTorq was launched in 2018 and was the first Bluetooth connected scooter in the country with TVS SmartXonnect.
NTorq exports in April 21 increased 5.08 percent to 6,498 units, up from 6,184 units exported in March 21. The highest percentage growth in terms of exports was seen in the case of the TVS RR310 which increased 308.11 percent to 151 units in April 21 as against 37 units shipped in March 21. More
TVS Apache Supermoto Edition
RTR 160 is one of the bestsellers for TVS in its Apache range
One of the popular performance oriented bikes in the county, TVS Apache RTR 160 has proved its mettle on city streets as well as on the racetrack. The bike has undergone several updates over the years and has a dominating road presence in its current form. It has also received a number of functional updates including those related to engine performance and tech features.
But there’s always scope for making things even better. That’s exactly what ‘Abin Designs’ had in mind when they came up with a Supermoto version of Apache RTR 160. Rendered digitally, the Apache RTR 160 Supermoto edition looks absolutely stunning. It’s an idea that seems worth to be brought to life. Hopefully, a customization shop might take notice and would be interested in executing this project in the real world.
TVS Apache RTR 160 Supermoto edition key features
Some striking features that immediately grab your attention include the golden USD front forks, golden brake callipers, knuckle guards, underseat exhaust and wider tyres.
The headlight section gets a sleek makeover and it packs an extended nose that doubles up as a high rise mudguard. The stock front fenders have been clipped short and painted in black for a sportier look and feel. The design of the windshield has also been updated.
TVS Apache Supermoto Edition
In terms of functional updates, the Supermoto edition gets monoshock rear suspension. The swingarm has also been altered for a groovier look and feel. Features and components that have been left untouched include the fuel tank and its graphics, engine cowl, single piece seat, split grab rails, and tail section.
TVS Apache RTR 160 stock version – engine and specs
Apache RTR 160 is equipped with a 159.7cc air cooled motor that is capable of generating 15.53 PS of max power at 8400 rpm and 13.9 Nm of max torque at 7000 rpm. It is mated to a 5-speed gearbox.
The bike utilizes a double cradle chassis. It has telescopic front suspension with hydraulic dampers and Monotube Inverted Gas-filled shox (MIG) with spring aid at the rear. Braking duties are performed by 270 mm petal disc at the front. At the rear, the options include 130mm drum or 200mm disc brakes.
The bike is offered with single channel ABS as standard. This has been tested and perfected on the track. It ensures sharp feedback and optimal control even when negotiating tough corners. TVS Apache RTR 160 prices start at Rs 1.03 lakh (ex-showroom, Delhi). With the updates, the Supermoto version will apparently be costlier. More
Bajaj Chetak Electric ScooterBoth Chetak and iQube will soon be available in multiple cities pan India
While there are many electric two wheeler brands in the market, Chetak and iQube are the only ones from mainstream manufacturers. Sales numbers are still relatively small, as compared to that of petrol powered two wheelers.
But that could change soon, as both Bajaj and TVS have planned to expand their presence in more cities in the country. Chetak is currently available in Pune and Bengaluru, whereas iQube has presence in Bengaluru and Delhi.
Chetak vs. iQube sales April 2021
Bajaj appears to have resolved the problems related to shortage of imported components for Chetak. It’s evident in April sales that have zoomed a whopping 464.44% MoM. A total of 508 units were sold in April, as compared to 90 units in March. With this, Chetak has taken the lead over iQube. In earlier months, iQube used to be ahead.
As Chetak’s production was affected due to short supply of components, iQube had taken the lead since December last year. It had maintained the lead till March 2021. In April, iQube sales were 307 units. MoM sales growth is down by -13.52%, as compared to 355 units sold in March.
Bajaj Chetak vs TVS iQube Sales
Chetak vs. iQube sales Jan-April 2021
If we look at the first four months of this year, iQube still has the lead in terms of overall sales. Total sales of iQube in Jan-April period is 1,076 units, as compared to 778 units of Chetak. If Chetak maintains the momentum it has in April, it could be ahead of iQube by year end in overall sales.
If we compare the two scooters, it’s easy to see that they offer matching features. Both scooters have a classic, elegant design, which would appeal to most people. Both scooters get their power from IP67 rated water and dust resistant lithium-ion batteries. The battery warranty of 50k km / 3 years is also the same for both scooters.
For folks who are looking for longer range, their first choice could be Chetak. That’s because Chetak offers 95 km in Eco mode, as compared to 75 km of iQube. However, iQube has top speed of 78 kmph as compared to Chetak’s 70 kmph (Approx. based on user reviews).
It remains to be seen who will emerge a winner in the long term. A lot will depend on how rapidly the expansion plans are executed, reliability of after sales service and availability of charging stations. By end of this fiscal, TVS has plans to launch iQube in 20 new cities. Bajaj has an even more aggressive plan to expand operations to 30 new cities. More
TVS iQubeDemand for electric two wheelers is expected to witness an upsurge in the coming years
A segment initially nourished largely by startups and tech firms, the electric two wheeler space has started to get attention from mainstream manufacturers. TVS, which already has iQube, has now revealed mega plans to boost its EV footprint.
The company is planning to invest around Rs 500-600 crore in FY22, most of which will be used for EVs and emerging technologies and products. Around Rs 150 crore will be exclusively channelled for EV projects, which will include development of electric three-wheelers.
TVS iQube in 20 new cities
According to KN Radhakrishnan, director & CEO of TVS, there are plans to introduce its iQube electric scooter in 20 new cities. This expansion is expected to be completed by end of current fiscal. As may be recalled, iQube was originally launched in Bengaluru. Later, it was introduced in Delhi as well.
In the next phase, iQube could be launched in other top cities such as Mumbai, Chennai, Pune, Hyderabad, Ahmedabad, and Kolkata. Several Tier I cities are also expected to be covered.
TVS has not revealed the list of cities yet. The preference is likely to be for cities that have greater acceptance of electric two wheelers. Availability of battery charging infrastructure could be another factor for selection of cities that will get iQube.
Rivals working on similar plans
TVS plans reflect industry trends, wherein other electric two wheeler manufacturers are working on similar expansion plans. For example, Ather Energy has already expanded operations to top cities as well as several smaller cities. It has plans to cover more cities this year. Ather is also working to boost its network of charging stations.
Bajaj Auto has similar plans for its Chetak electric scooter. Chetak was originally launched in Pune and later introduced in Bengaluru. By the end of this financial year, Bajaj has plans to launch Chetak in 30 new cities.
Bajaj Chetak vs TVS iQube – FY 2021 Sales
Another company with aggressive EV plans is Ola Electric, which is currently building a mega manufacturing plant in Tamil Nadu. When completed, Ola will be able to produce around 10 million vehicles per year. Ola is also developing an extensive network of high-speed charging stations.
In first year, more than 5k Ola charging stations will be set up in 100 cities. This will be ramped up to over 1 lakh charging stations spread across 400 cities. Easy availability of fast charging stations is a prerequisite for increased acceptance of EVs.
Other companies such as Husqvarna and KTM are also working to introduce electric two wheelers in the Indian market. Mainstream manufacturers such as Hero MotoCorp, Honda, Suzuki, and Yamaha are also expected to enter the EV space soon. Hero MotoCorp has already partnered with Taiwan-based Gogoro to develop electric vehicles and battery swapping infrastructure. More
TVS XL modified to like a Harley. Credit – sudus custom
While the mechanical configuration hasn’t been tinkered, it does with a custom-made engine casing which gives it the appearance of a V-twin
Despite its small size and capacity, TVS XL 100 is considered to be a workhorse of a two-wheeler. It is extremely efficient, frugal and reliable which makes it a favourite among people on a tight budget and those who conduct business on wheels. However, it would be highly optimistic to expect a powerful performance out of its humble powertrain.
But that’s what aftermarket designers are- Optimistic as they look to create something special out of nothing. The latest case is a prime example in his regard where an XL 100 has modified to look like a miniature Harley Davidson. While it definitely doesn’t match in its size or capacity, its design definitely looks a close replica of the classical American bobber.
TVS XL modified to like a Harley
Aesthetic Modifications Made
In a video uploaded by Sudus Customs on YouTube, the vlogger explains the modifications carried out on the moped. The designer has to be lauded for his efforts as the final product shares close resemblance with Harley Davidson Forty-Eight.
In this aftermarket modification, the designer has given attention to each and every details. Almost every part of the custom-made bike is built from hands. Take a look at the detailed video below.
The most iconic piece of attraction is a yellow-coloured fuel tank that has carved in shape just like the classic cruiser from Harley Davidson. It also features Harley Davidson and Forty-Eight brandings on the tank. It is a bolt-on tank and can be installed or removed easily. However, since the moped has no real body panels as such, a large section of the modified work is left uncovered. For instance, the huge gap between the fuel tank and motor.
Is that a V-Twin there?
The custom-made bike also features side boxes that are customised. The leather saddle can accommodate only the rider which has been fitted by positioning it above the rear suspension unit and then fastening the bolts.
The most noticeably highlight is the engine compartment that wears a custom fibreglass casing. The cover encloses the tiny 100cc motor but gives it the shape of a classical V-Twin motor just like the ones that power Harley Davidson motorcycles.
TVS XL modified to like a Harley
The designer has also added a twin exhaust setup with custom-made mufflers although only one is functional. This setup lends a bit of heft to the moped. Other parts such as the front mudguard and rear fender have also been hand-made. It gets the same set of features which include a round headlamp with chrome bezels, round indicators and single pod analogue instrument cluster that provide a retro theme to the modified moped.
In terms of specifications, new TVS XL 100 is powered by a 99.7cc four-stroke engine which delivers 4.3 bhp and 6.5 Nm of peak torque. On the other hand, Harley Davidson Forty-Eight is propelled by a massive 1202cc parallel-twin motor that spits out 96 Nm of peak torque. More
TVS ApacheTVS Motor now gears up for the launch of the updated Apache RR 310 which has been rescheduled due to the pandemic situation in the country
TVS Motor Company has released their sales report for April 2021. While sales cannot be compared with that of April 2020, the period when the country went into a complete lockdown in view of the pandemic, we can compare sales MoM which also suffered a de-growth.
TVS Motor total sales stood at 238,983 units in April 2021 a significant increase over 9,640 units sold in April 2020. Even April 2021 has been bogged down by lockdowns announced in some states in view of the second wave of the COVID-19 pandemic, but retail sales continued to be ahead of dispatches. TVS Motor has reduced dealer stocks so as to not to put added burden on channel partners but production will continue so as to meet customer demands once the situation is back to normal.
TVS Motor Two Wheeler Sales and Exports
TVS Motor registered two wheeler sales at 2,26,193 in April 2021 as against 8,134 units sold in April 2020. In domestic markets, two wheeler sales stood at 131,386 units in April 2021. Of these, scooter sales stood at 65,213 units in April 2021 while motorcycle sales were at 133,227 units in April 2021.
Total exports on the other hand stood at 107,185 units in April 2021 as against 9,640 units exported in April 2020. Two wheeler exports stood at 94,807 units in April 2021 as against 8,134 units in April 2020. Leading two wheelers in terms of sales and exports include Apache, Jupiter, Ntorq, XL Super, Star City, Pep+, etc.
TVS Motor Sales April 2021 vs March 2021
The fear of the second wave, lockdowns in several states and supply constraints saw lower footfalls through the month of April 21 over that in March 21, the month when Covid positive cases in the country was on the ebb.
Where MoM two wheeler domestic sales were concerned, TVS Motor Co had sold 1,31,386 units in March 21, a de-growth of 35.01 percent over 2,02,155 units sold in March 21. Two wheeler exports also dipped MoM by 9.95 percent from 1,05,282 units exported in March 21 to 94,807 units exported in the past month. Total two wheeler sales stood at 2,26,193 units in April 21 down 26.43 percent over 3,07,437 units sold in March 21.
TVS Motor Three Wheeler Sales and Exports
Taking into account YoY three wheeler sales, the company reported sales of 12,790 units in April 2021 as against 1,506 units in April 2020. Three wheeler MoM sales however, dipped both in terms of domestic sales and exports. Domestic sales fell 62.75 percent to 412 units in April 21 even as sales had stood at 1,106 units in March 21.
Exports on the other hand dipped 12.46 percent from 14,140 units exported in March 21 to 12,378 units exported in the past month. This took total two and three wheeler sales (domestic and exports) down 25.94 percent to 2,38,983 units in April 21 down from 3,22,683 units sold in March 21.
Where future plans are concerned, TVS Motor gears up for the launch of the updated Apache RR 310 in the months ahead while the company also plans to expand sales of the iQube electric scooter in new cities across the country. More
Image – KM WheelsTVS Motor Company reports growth in domestic wholesales and exports for March 2021
With FY21 coming to a close, TVS Motor Company reported an uptick in domestic wholesales in March 2021. This was true for the majority of its product lineup. Jupiter scooter leads the sales count at 57,206 units, up from 21k units You at volume gain of 36,205 units. It contributed to 28 percent of TVS’ domestic wholesales.
XL Super moped that has stood the test of time and contributes to make up for the remainder 50 percent of TVS’ domestic wholesales. sales is reported at 44,688 units, up from 32,808 units at volume gain of just under 12k units. Apache series sales crossed the 33k mark, up from 21,764 units at 52.37 percent YoY growth.
TVS domestic sales for March 2021
Ntorq wholesales grew to 26,851 units, up from 9,192 units at volume gain of 17,659 units. Radeon sales grew phenomenally. This isn’t difficult to comprehend considering that demand for mass market 100cc-110cc commuter motorcycles is at an all time high at present.
Volume gain stood at just under 8k units. And daily commute two-wheeler sales are now under consideration not only to maintain some sense of safety. A large number of delivery based jobs, which are still available can only be concluded if the runner has a dependable two-wheeler.
TVS Domestic Sales – March 2021
TVS Sport wholesales too benefitted at about 8.8k in wholesales, up from 2,585 units at volume gain of 6,230 units. Pep plus scooter sales stopped just shy of 8k units, up from 532 units. Volume gain was at a big time high of 7,382 units.
Star City sales was pegged at 6.3k units up from 2,478 units at volume gain of 3,821 units. Zest sales were at over 5.6k units, up from 801 units at volume gain of 4,855 units. RR310, the auto manufacturer’s big cc product saw sales pegged at 435 units.
iQube electric scooter sales is reported at 355 units. Total domestic wholesales was reported at just over 2 lakh units. This is quite the jump considering a year earlier this number stood at 94k units. Volume gain for the month stood at a noticeable 1,08,052 units.
TVS Exports March 2021
TVS export for March 2021
TVS exports sees Star City 125 lead the charge at 35,737 units, up from 13,969 units. The unit is not sold in the domestic market. The smaller cc Star City unit saw exports grow to about 33k units, up from 13k units.
Apache exports were at 16.7k units. RR310 exports were at 37 units. Sport exports are reported at 8.4k units, and Ntorq at 6,184 units. Radeon exports stood at 1,040 units, XL Super at 942 units, and Victor at 800 units. Wego scooter exports are reported at 214 units, and Jupiter at 133 units. The latter fits at the lower end of the export ladder despite chart leading sales in India. In total, March 2021 exports stood at over a lakh units from just under 40k units YoY. Volume gain stood at 65,397 units. More
Image – Auto Tech Zone
Through an uncertain FY21, Bajaj Chetak electric scooter sales reach 1.4k units
Being competitive in the electric two-wheeler segment is currently a small number game. For starters not everyone is participating yet. However, this doesn’t paint a complete picture. Grassroot level efforts are most oft not widely discussed, and patterns being enforced maybe difficult to understand.
Nevertheless, the space will prove to be an exciting one as the push for electric vehicle adoption receives a timely impetus. For now, subsidy and rebate options exist under government policies if the vehicle qualifies as per set parameters.
In India, both Bajaj Auto and TVS Motor are playing the electric scooter game through flagship models. Bajaj brought back its Chetak scooter in an all new electric avatar. Its the only electric vehicle in the company’s current portfolio. And TVS introduced iQube.
Bajaj Chetak and TVS iQube
There is no historic data when it comes to checking progress or growth on account of both e-ecooters being fairly new launches. And both were launched only months before Covid-19 pandemic rocked our world. Given that one can understand that sales plans and growth plans have all but gone awry. When sales came to an abrupt end in March, companies were only able to pick up on some activity in June.
Bajaj Chetak vs TVS iQube – March 2021 Sales
Through trials and tribulations when a trying fiscal ended, Bajaj Chetak came out n top at just under 1.4k unit sales. TVS iQube sales were clocked at 1,110 units. What’s interesting though is in March 2021, TVS managed to report iQube wholesales at a whopping 355 units. However given how logistics works, it’s most likely that both companies are still dealing with clearing the order books that were filled months earlier.
Bajaj Chetak vs TVS iQube – FY 2021 Sales
Electric scooter market
When launched early in 2020, Bajaj Chetak bookings were said to be at 2k units. Even through the fiscal, the company has failed to sell that many units. And through the fiscal ended Match 2021, Bajaj has entertained bookings and has had periods where they haven’t accepted any.
Where development and sales is concerned, Bangalore proves to be an important city for electric two wheeler manufacturers. The initial push came from Ather, which is associated with Hero Motocorp. The two wheeler manufacturing giant also sells its own electric scooters through its Hero Electric arm.
Delhi has proven to be another important city in this regard. These set patterns can help determine that city based focus will mean that one can expect a more developed charging network in such focus cities. Bajaj Chetak sales will soon begin in Hyderabad and Chennai. More