TVS Motor

TVS Motor Company reported two wheeler sales growth of 15 percent in August 2022 to 3,33,787 unitsImage – Auto EraTVS Motor Company has registered total sales growth of 14.82 percent in August 2022. Total sales (2+3W) in the past month stood at 3,33,787 units as compared to 2,90,694 units sold in August 2021. On a MoM basis, sales improved 6.09 percent compared to 3,14,639 units sold in July 2022.Positive sentiments prevailed across the auto sector in the past month. Sales growth was reported by most automakers as is generally seen at the start of the festive season in the country. There have also been improvements in supply chain and improved availability of semiconductors have also boosted demand in this segment.TVS Motor 2W Sales August 2022TVS motorcycle sales improved by 17.44 percent YoY in August 2022 to 1,57,118 units from 1,33,789 units sold in August 2021. This was a 23,329 unit volume growth with a 49.79 percent share. MoM sales also increased 4.51 percent from 1,50,340 units sold in July 2022. Top selling motorcycles from TVS includes – Apache, Raider, Sport, Star City, etc. 2023 TVS Apache RTR 160 4V motorcycle has been spied testing for the first time and will see some changes along with a new exhaust.Scooter sales also increased 39.98 percent YoY and 10.59 percent MoM to 1,21,866 units in August 2022. The company had sold 87,059 units in August 2021 and 1,10,196 units in July 2022. The company’s scooter lineup currently commands a 38.62 percent share. Top selling scooters of TVS are Jupiter, Ntorq, Pep+, etcTVS Motor Sales Aug 2022 vs Aug 2021 (YoY)TVS electric scooter sales also increased 580.74 percent to 4,418 units in the past month, up from 649 units sold in August 2022 while MoM sales dipped by 30.32 percent from 6,340 units sold in July 2022. The company has increased production of its iQube electric scooter after noting outstanding demand. TVS Creon based electric scooter was also spied testing recently. There was a YoY and MoM de-growth in TVS XL100 moped sales that dipped 31.63 percent YoY to 36,555 units from 53,465 units sold in Augusts 2021 while MoM sales fell 6.59 percent from 39,122 units sold in July 2022.Domestic sales of two wheelers stood at 2,39,325 units in August 2022 up 32.96 percent from 1,79,999 units sold in August 2021 while on a MoM basis, sales improved 18.51 percent from 2,01,942 units sold in July 2022. Exports on the other hand dipped YoY (-19.19 percent) and MoM (-22 percent) to 76,214 units. This took total 2W sales to 3,15,539 units in August 2022 up 15.03 percent from 2,74,313 units sold in August 2021 and up 5.30 percent MoM from 2,99,658 units sold in July 2022.TVS Motor 3W Sales August 2022Three wheeler sales (domestic+exports) of TVS Motor Company stood at 18,248 units in August 2022, up 11.40 percent from 16,381 units sold in August 2021. MoM sales also improved by21.81 percent from 14,981 units sold in July 2022. Domestic sales were higher by 75.91 percent to 1,352 units in the past month from 768 units sold in August 2021 while MoM sales improved by 103.16 percent from 665 units sold in July 2022.TVS Motor Sales Aug 2022 vs Jul 2022 (MoM)Exports also saw a YoY and MoM growth of 8.22 percent and 18.03 percent to 16,897 units. Total domestic 2+3 wheelers sales saw a 33.14 percent YoY growth to 2,40,676 units in August 2022 from 1,80,767 units sold in August 2021 while MoM sales improved by 18.76 percent from 2,02,607 units sold in July 2022. Exports saw a YoY and MoM de-growth of 15.30 percent and 16.89 percent respectively to 93,111 units in August 2022. This was against 1,09,927 units shipped in August 2022 and 1,12,032 units shipped in July 2022. More

TVS has posted a YoY growth both in terms of domestic sales and exports in July 2022TVS ApacheTVS Motor Company has seen increased sales in July 2022. Sales ended positively both in terms of domestic sales and exports to a total of 2,97,842 units in July 2022, up from 2,69,574 units sold in July 2022. Their recently updated electric two wheeler iQube has received added response from customers and efforts are being made to boost production and speed up deliveries. The company had sold 6,304 units of the iQube in July 2022.Total sales in domestic markets stood at 2,01,942 units in July 2022, up 15.28 percent over 1,75,169 units sold in July 2021. This was a 26,773 unit volume growth. It was TVS Jupiter that was most in demand. Sales stood at 62,094 units in the past month, up 62.51 percent over 38,209 units sold in July 2021. This was a 23,885 unit volume growth with a 30.75 percent share.TVS Domestic Sales July 2022At No. 2 was the XL which suffered a YoY de-growth to 32,116 units in July 2022, down from 49,279 units sold in July 2021. The XL commands a 15.70 percent share. TVS Ntorq sales increased by 1.60 percent YoY to 24,367 units in July 2022 from 23,983 units sold in July 2021. This was a 384 unit volume growth with a 12.07 percent share. Sales de-growth was reported for the TVS Apache down by 11.04 percent YoY to 24,222 units from 27,228 units sold in July 2021.TVS Raider at No. 5 reported sales of 16,310 units in the past month while it was followed by the PEP+ of which 9,447 units were sold last month, up 110.96 percent over 4,478 units sold in July 2021. TVS saw sales of both the Radeon and Sport dip on a YoY basis to 9,120 units and 7,836 units respectively. This was a de-growth of 3.66 percent and 27.96 percent from 9,466 units and 10,877 units sold in July 2021.TVS Sales July 2022TVS iQube has seen increased demand as has every other electric two wheeler in the market.  It has recorded a 1067.41 percent increase in sales to 6,304 units in July 2022, up from 540 units sold in July 2021. This was a 5,764 unit volume growth and a 3.12 percent share. Lower down the domestic sales list was also the Star City (4,988 units), Zest (4,844 units) and RR310 (294 units) out of which it was only the Zest that posted an 18.18 percent growth.TVS Exports July 2022TVS Motor Company exports increased 12.29 percent YoY to 95,900 units in July 2022 up from 85,405 units sold in July 2021. This was a 10,495 unit volume growth. Star City 125 was the most sold model in global markets despite a 16.62 percent YoY de-growth. Sales stood at 33,561 units, up from 40,249 units sold in July 2021 with a 35 percent share.Star City exports also fell 9.41 percent on a YoY basis to 25,208 units from 27,826 units sold in July 2021. However, sales of the Apache increased to 12,738 units in July 2022, up 11.06 percent from 11,469 units sold in July 2021. TVS Raider exports were at 7,078 units last month. Exports of TVS Sport were higher by 678.21 percent to 6,537 units, up from 840 units exported in July 2021.TVS Exports July 2022Ntorq exports increased by 58.97 percent to 4,324 units from 2,720 units sold in the same month of the previous year. TVS saw sales of both the Radeon and Sport dip on a YoY basis to 9,120 units and 7,836 units respectively. This was a de-growth of 3.66 percent and 27.96 percent from 9,466 units and 10,877 units sold in July 2021.TVS Jupiter saw an 1132.17 percent hike in exports to 2,834 units from 230 units shipped in July 2021 while Wego was also highly favoured in global markets with a 2384.78 percent YoY growth to 2,286 units from 92 units shipped in July 2021. XL exports increased by 115.34 percent to 702 units from 326 units shipped in July 2021, though TVS Victor suffered a 70 percent YoY de-growth to 480 units from 1,600 units exported in July 2021. TVS Radeon sales were at 80 units while there were also 72 units of RR310 shipped in July 2022, up from 53 units exported in July 2021. More

TVS is the first mainstream two wheeler manufacturer to implement Hydrogen powertrain on a scooter prototypeImage for representation purpose onlyTVS Motor sold 2,99,658 units in July 2022 constituting both domestic and export sales with a steady 14.06% growth YoY. TVS was in the spotlight recently because of the launch of their new motorcycle Ronin. They are back in the news, this time for a patent leak.TVS is developing a new prototype scooter that is powered by hydrogen. You might have heard of hydrogen fuel-cell-powered cars like Toyota Mirai. Or other hydrogen-powered concept vehicles like Suzuki Crosscage and Honda’s unnamed prototype. This is probably the first time a mainstream two wheeler brand is trying something like this.Yamaha, along with Toyota has designed a 100% hydrogen-powered V8 engine. But the concept of hydrogen fuel-cell on a modest scooter and aimed at masses, was unheard of. But TVS is implementing it on the iQube scooter with easy assembly and maintenance in mind. As good as EVs are, charging time is still a fly in the ointment. Hence, manufacturers have been slowly experimenting with substitutes. Honda is even working on flex-fuel technology too for budget vehicles.TVS iQube HydrogenIn the patent drawings of TVS iQube hydrogen, we can see the basic layout of the entire powertrain, except for the motor. We can see an electric battery at the floorboard which suggests that TVS might be considering hydrogen fuel cells as a range extender to an already existing EV platform.TVS iQube HydrogenSpeaking of hydrogen, we can see two canisters holding this compressed gas at the front, held in place by the front downtube. Fuel cells are housed under the seat, where a battery would be in a conventional EV. We can also see other components required to regulate gaseous fuel like pressure regulator, flow-meter and shut-off valve, all taking their respective place near swingarm.Hydrogen fuel cells are the party piece of this powertrain. It generates electricity when hydrogen is pumped into Anode and gets split by reacting with the catalyst to form electrons and protons. These electrons flow towards Cathode by completing the electrical circuit. Hence creating electric current to power the motor, and propel the vehicle. It doesn’t end there. At cathode, hydrogen and oxygen combine to form the by-product, water.Implications Of Hydrogen In IndiaHydrogen fuel cells promise zero carbon footprint like EVs. But negate the charging time and infrastructure that is currently plaguing EVs. Normal hydro-carbon fuel stations and existing fuel transportation systems can be readily used or slightly modified to accommodate hydrogen fuel supply and workflow. Looking at the upsides, most countries are considering hydrogen to be better than EVs.But it is not all sunshine, though. Right now, hydrogen is vastly created by splitting water molecules with very high energy inputs. We are wasting a lot of electricity to make hydrogen and then we are using it to generate significantly less electricity to run the vehicle. The secondary losses are a lot more which EVs are not associated with. And coming to the “green” part, electricity to split water molecules comes from coal mostly and hydrogen is distributed by transportation burning diesel fuel. Hydrogen has potential, but we have to find an economical and renewable way to produce it and supply it.Source More

TVS Motor reports YoY growth for two wheeler domestic sales and exports; MoM total 2W sales improveImage – MRD VlogsFor July 2022, TVS Motor found a spring in its step where domestic sales and exports are gauged. Total motorcycle sales last month rose to 1.5L units, up from 1,38,772 units. Volume gain stood at 11.5k units at 8.34 percent. Where business is concerned, motorcycles make up much of its sales volume. Apache, Raider, Sport, Star City, Radeon were top selling motorcycles from TVS.Scooter sales improved noticeably last month, up at 1,10,19 units from 73,811 units. Volume gain stood at 36,385 units at 49.29 percent growth. Jupiter and Ntorq continued to be best-selling scooters from TVS. TVS iQube electric scooter sales in July 2022 were at 6,304 units. This is the highest ever monthly sales reported by iQube.TVS Motor Sales July 2022 – Two WheelersWhile most categories are reported in the green, TVS XL 100 moped sales continue to lose their footing. Sales are down to 39,122 units from 50,145 units at volume loss of 11k units. Sales decline stands at 22 percent. In fact, TVS moped sales have been on a decline for months together.Of total two-wheeler sales, volumes in the domestic market far exceeded exports last month. 2W domestic sales crossed the 2 lakh units mark at 2,01,942 units. Sales growth stood at 15.28 units, up from 1,75,169 units at volume gain of 26,773 units.TVS Motor Sales July 2022 vs July 2021 (YoY)Two wheeler exports too are up at 97,716 units from 87,559 units. Volume gain was reported at just over 10k units at 11.6 percent growth. Total 2W sales fell just shy of 3L units. At 2,99,658 units, growth is reported at 14 percent, up from 2,62,728 units. Volume gain is reported at almost 37k units.Total TVS 3W sales for July 2022Three-wheeler ales on the other hand are a mix of low volume and decline. Domestic 3W volume is small at 665 units. This however is an improvement YoY, up from 553 units. Growth is reported at 20 percent at volume gain of 112 units. It’s no surprise though that ICE 3W sales face tough competition from e3W manufacturers. A segment where sales is improving, and even more positive is that fact that the market is peppered by a long list of manufacturers who are new to the trade.3W exports fell to 14,316 units, down from 15,574 units. Volume loss stood at 1,258 units at 8 percent decline. Total 3W sales is down at just below 15k units from 16,127 units. Volume loss stood at 1,146 units at 7.11 percent decline. Despite the slowfooting on the 3W front, total domestic sales and exports remained in the green.TVS Motor Sales July 2022 vs June 2022 (MoM)TVS MoM sales growth for July 2022Total domestic sales stood at 2,02,607 units, up from 1,75,722 units. At 15.3 percent growth, volume gain stood at 26,885 units. Exports were up at 1,12,032 units, up from 1,03,133 units. Volume gain stood at 8.9k units at 8.63 percent growth. Total sales is up at 3,14,639 units from 2,78,855 units. Volume gain stood at 35,784 units at 12.83 percent growth.MoM total sales too improved though at a smaller volume gain. MoM total sales is up from 3,08,501 units at 6,138 units at 2 percent growth. Moped sales fell from 42,429 units at 3.3k units volume loss to a 7.79 percent decline. 2W exports too fell from 1,00,625 units. Volume loss stood at 2.9k units at 2.9 percent decline. Domestic 2W sales were done by about 31 percent, down from 962 units at volume loss of about 300 units. More