TVS Motor

For May 2022, TVS Motor Company reports MoM sales growth; and decline in total exports owing to a decline in 2W exportsImage – Deepak Rao VlogsTVS Motor Company total sales for May 2022 is reported at 3,02,982 units. If compared to YoY numbers, growth is stupendous. And at the same time adds little value. This is due to low base sales in May 2021 owing to an ongoing period of localised lockdown imposed by the government.In comparison, the quest to keep auto businesses undisturbed has been more successful in 2022. With Covid-19 caseload steady at lower base numbers, businesses are soon moving to pre-Covid levels, and in some instances, performing better than ever before.TVS Motor Sales May 2022A year earlier, Covid-19 severity was high, and impacted auto businesses severely. In May 2021, total sales stood at 1,66,889 units. Volume gain is reported at 1,36,093 units. Total MoM sales improved 2.6 percent, up from 2,95,308 units. Volume gain is reported at 7,674 units.Total two-wheeler sales in May 2021 were reported at 1,54,416 units. For May 2022, that number stands at 2,87,058 units. MoM total 2W sales growth stands at 2.51 percent, up from 2,80,022 units. Volume gain stood at just over 7k units. In the two wheeler segment, top sellers include Jupiter, Apache, Raider, Sport, Star City, Ntorq, Pep+, XL100. Electric scooter iQube also posted impressive numbers.TVS Motor Sales May 2022 vs May 2021 (YoY)Domestic two-wheeler sales are up from 52,084 units in May 2021 to 191,482 units in May 2022. MoM growth stands at 6 percent, up from 1,80,533 units. YoY total motorcycle sales are up from 1,25,188 units in May 2021 to 148,560 units in May 2022. Scooter sales rose from 19,627 units in May 2021 to 100,665 units in May 2022.Total 3W salesAt a time when domestic business was plagued by lockdowns and slowdowns, the export business triumphed. YoY exports continued to gain, up at 1,10,245 units in May from 1,14,674 units in May 2021. Two-wheeler exports last month stood at 95,576 units, down from 1,02,332 units in May 2021 at 6.6 percent decline. Of domestic two-wheeler sales, EV sales volume has improved at 2,637 units of TVS iQube in May 2022. MoM sales almost doubled, up from 1,420 units. Moped sales last month rose to just under 38k units, up from 9,601 units YoY. Moped sales were largely stable.Three-Wheeler sales in May 2022 is up 28 percent at 15,924 units, up from 12,473 units. Of this, domestic 3W sales stood at 1,255 units. 3W exports make up the bulk in volumes at 14,669 units. YoY growth stood at 18.85 percent, up from 12,342 units.TVS Motor Sales May 2022 vs Apr 2022 (MoM)Semiconductors shortageIn the current day, the ongoing semiconductors shortage impacts production and sales of premium two-wheelers. To rectify this, TVS has turned to alternate sources to arrest the shortfall. All efforts are concentrated on improving availability of timely supplies at the earliest.These efforts are paying off, and the company reports some improvement in May 2022. TVS is optimistic that volume revival to normal levels will soon be a reality as the semiconductor supply situation improves. More

TVS Motor sales grew by 37.83 percent in domestic market while exports increased by 3.20 percent YoYTVS ApacheTVS Motor Company has registered total sales of 2,78,376 units in April 2022. This included 1,80,533 unit sales in domestic markets and 97,843 units exported in the past month. A YoY growth of 37.83 percent was reported by TVS Motor for April 2022 with 1,80,533 units sold, up 49,552 units over 1,30,981 units sold in April 2021.Every model in the company lineup posted YoY growth except for the Apache and Pep+. MoM sales however, dipped 8.34 percent from 1,96,956 units sold in March 2022 relating to a 16,423 unit volume de-growth. MoM sales saw 5 of the company models in the red.TVS Sales Breakup Apr 2022 – Jupiter No 1TVS Jupiter topped the list with 138.39 percent YoY growth to 6,957 units, up from 25,570 units sold in April 2021. MoM sales improved by 9.22 percent over 55,813 units sold in March 2022. The Jupiter commands a 33.77 percent share and recently saw its prices hiked across all variants. TVS XL100 moped sales increased 49.29 percent YoY and 6.06 percent MoM to 38,780 units in April 2022. Sales stood at 25,977 units in April 2021 and at 37,649 units in March 2022. Share percentage increased from 19.12 percent to 21.48 percent Mom.Ntorq sales were also up in April 2022 to 25,267 units from 19,959 units sold in April 2021 relating to a 26.59 percent YoY growth. MoM sales improved 6.06 percent from 23,824 units sold in March 2022. TVS has just launched a new NTtorq 125 XT variant in India, priced at Rs 1.02 lakh (ex-showroom, Delhi). It is presented in a Neon green colour in India.TVS Sales April 2022TVS Sport sales were higher by 89.16 percent YoY to 12,995 units from 6,870 units sold in April 2021 while MoM sales improved by 12.65 percent over 11,536 units sold in March 2022. Radeon sales improved significantly by 107.68 percent YoY to 11,630 units from 5,600 units sold in April 2021. It was also a 21.63 percent MoM growth over 9,562 units sold in March 2022.TVS Motor noted a de-growth in domestic sales of the Apache, down 75.08 percent to 7,342 units from 29,458 units sold in April 2021. MoM sales also suffered a 73.24 percent de-growth as compared to 27,439 units sold in March 2022. There was also Star City (6,885 units), Pep+ (6,329 units), Zest (5,123 units) and Raider (3,392 units) along with the iQube (1,420 units) and RR310 (403 units) on this list in April 2022.TVS Motor Exports Apr 2022TVS Motor Company has seen YoY and MoM growth in terms of exports. Total exports stood at 97,843 units in April 2022, up 3.20 percent over 94,807 units sold in April 2021. This was volume growth of 3,036 units. MoM exports increased by 4.25 percent from 93,854 units shipped in March 2022.TVS Exports April 2022In global markets it was the Star City 125 and Star City that garnered the most attention. Sales increased 15.21 percent and 10 percent respectively to 37,919 units and 28,860 units in April 2022 with share percentage at 38.75 and 29.50 respectively. MoM sales increased by 7.71 percent for the Star City 125 from 35,206 units sold in March 2022 while that of Star City fell by 11.97 percent over 32,785 units sold in March 2022.Thereafter, sales of the Apache dipped 37.28 percent to 11,771 units while exports of Raider stood at 9,142 units. It was a MoM growth of 30.59 percent for the Raider of which only 7,000 units were exported in March 2022. YoY de-growth was also seen for the TVS Sport (6,003 units), Ntorq (2,627 units), Victor (800 units), Radeon (200 units), Jupiter (63 units) and RR310 (30 units) besides just 6 units of the TVS XL exported in April 2022. It was however a 252.50 percent growth for the Wego of which 423 units were exported in April 2022 up from 120 units shipped in the same month of 2021. MoM performance was somewhat better with only exports of the Radeon (-68.75 percent) and RR310 (-50 percent) reported. More

TVS launched the updated iQube in three variants and prices starting at Rs 98,5642022 TVS iQube Electric ScooterTVS has launched a heavily updated iteration of its sole electric two-wheeler offering iQube this week. The latest update makes it a more worthy rival to other electric scooters in the market like Bajaj Chetak, Ather 450 and Ola S1. Let us check out how the new iQube stacks up against the competition in terms of specs and price.2022 TVS iQube Vs Chetak Vs Ather Vs Ola – PowertrainsStarting with powertrain, the updated TVS iQube gets the same motor specs as its previous iteration. The wheels are driven by the same hub-mounted 3kW BLDC with a peak output of 4.4kW (6 bhp). However, it now benefits from larger battery packs.While the outgoing model featured a 2.2kWh battery, the new iQube and iQube S get a 3.04kWh battery pack. On the other hand, the top-spec ST variant gets an even larger 4.56kWh battery. This has resulted in iQube ST having the best claimed range of 140km on a single charge in this comparison. iQube ST is also the only scooter in this comparo to receive an optional 1.5kW fast charger.Among the four scooters mentioned in this comparison, Chetak offers the least amount of torque. It also offers the least range in this category even though its battery size is not the smallest among its rivals. Its peak motor output is also the least in this segment at 4.1kW. Ather gets the second most powerful motor in this segment with a peak output of 5.4kW.2022 TVS iQube vs Ather vs Chetak vs OlaAlthough it offers the smallest battery in this segment, it offers a decent range of 100km. Ola S1 is the clear leader in this space in terms of power output as well as range. It offers the most powerful motor and the largest battery pack. Unsurprisingly, it also boasts of the highest top speed of 90kmph and the longest single-charge range of 121km.2022 TVS iQube vs Ather vs Chetak vs OlaDimensions & Hardware SpecsIn terms of dimensions, Ola S1 Is clearly the largest scooter in this category as it beats others with respect to wheelbase, seat height and ground clearance. It also offers the maximum under-seat storage capacity of 36 litres. That said, Bajaj hasn’t revealed specific details of dimensions for Chetak yet. The top-spec ST variant of iQube is the heaviest scooter in this lot at 128 kilos.As far as hardware is concerned, Ather and Ola have the advantage in the braking department, since both models are offered with disc brakes on front and rear wheels. On the other hand, TVS and Bajaj offer a front disc and rear drum brake setup in their respective scooters.2022 TVS iQube vs Ather vs Chetak vs OlaPrice ComparisonComing to pricing, TVS has announced prices for the base and S variant of iQube as of now which are priced at Rs 98,564 and Rs 1.08 lakh (both prices on-road, Delhi) respectively. Ex-sh prices of new TVS iQube without subsidies stand at Rs 1.63 lakh and Rs 1.7 lakh respective. Although prices will differ from state to state depending on subsidy on offer.The top-spec Premium variant of Chetak is currently the priciest at Rs 1.53 lakh (ex-showroom). Ather is priced from Rs 1.19 lakh (ex-sh) for the 450 Plus and Rs 1.38 lakh (ex-sh) for the 450X. Ola S1 Pro prices got recently increased, and is now priced at Rs 1.39 lakh (ex-sh). More

TVS is offering a total of ten colour options across all three variants of the new 2022 iQube electric scooter2022 TVS iQube ElectricTVS has updated iQube for 2022 which comes with plenty of updates involving its powertrain specs and features on offer. Latest iteration of the e-scooter from TVS will be offered in three variants including iQube, iQube S and iQube ST.Prices for the updated electric scooter now start at Rs 98,564 and go up to Rs 1,08,690 (both prices on-road, Delhi) for iQube and iQube S variants respectively. Price for the top-spec iQube ST trim hasn’t been announced yet. Above prices are inclusive of FAME-II and state subsidy. Ex-Sh prices start from 1.62 lakh for iQube and Rs 1.7 lakh for the iQube S. Bookings for all three variants have commenced on the company’s official website at a token amount of Rs 999.2022 TVS iQube TVCThe updated iQube has started reaching TVS dealerships across the country. Earlier at its launch, TVS revealed that the company has expanded the availability of iQube from 32 cities previously to a total of 85 cities in India. Deliveries of the new iQube are expected to commence soon.All three variants of the new TVS iQube come with a wide range of standard features including a fully digital instrument console with a revamped user interface. The updated instrument cluster comes embedded with turn-by-turn navigation, smartphone connectivity via Bluetooth and TVS SmartXonnect function offering plenty of connected telematics like Geo Fencing, Live location status and other ride related data. Take a look at the official TVC of the new iQube electric scooter below.[embedded content][embedded content]The base variant of iQube comes with a 5-inch display whereas higher-spec S and ST variants boast a 7-inch display. Other notable tech on offer include infinity theme personalisation, voice assist with Alexa integration, intuitive music player control and OTA updates. Apart from various connectivity options, TVS is offering creature comforts like LED lighting, regenerative braking, a flip keyfob with a torch, park assist, reverse assist, hazard lamps, service reminders and more.Powertrain SpecsComing to its powertrain specs, entire range of the updated electric scooter is powered by a 3kW BLDC hub-mounted motor that kicks out a peak output of 4.4kW (6 bhp) and 140 Nm of torque. However, iQube and iQube S derive their energy from a smaller 3.04kWh Lithium-ion battery pack that offers a range of 100km on a single charge.Whereas the top-spec iQube ST features a larger 4.56kWh Lithium-ion battery pack that offers a range of 140km on a single charge. TVS says these are real world range figures. All battery options come with IP678 water resistance. TVS is offering a total of three variants of off-board charging options with the new iQube including 650W, 950W and 1.5kW. The first two options are available as standard across the range while the 1.5kW option is only reserved for the top-spec variant.Further, iQube and iQube S claim a top speed of 78kmph while the fully-loaded iQube ST can clock a top speed of 82kmph. Interestingly, iQube ST also comes with a larger boot capacity of 32 litres instead of 17 litres of boot space available in the other two variants. More

TVS iQube is likely to receive a new variant with a higher range and possibly more power on offerNew TVS iQube Electric Scooter TeaserThe electric mobility space in India has seen a surge in demand in the past few months, especially in the two-wheeler space. With more battery-powered models going on sale every month, manufacturers are racing against time to bolster their lineup with new electric two-wheelers.Meanwhile, TVS has teased a possible new variant of iQube on its social media handle. The teaser features a shadowy image of the front end of the electric scooter with the caption “New Scooter Launch”. It also reveals that the scooter will be launched at 2:00 pm on May 18, 2022 – that is tomorrow.New Variant of TVS iQube TeasedThe teaser also mentions #TheStoryOf123 which should probably signify the upcoming scooter’s range. It is very possible that the prospective variant of iQube will offer a longer range, maybe 123km on a full charge. The current version of iQube offers a range of 75km on a single charge which is a very humble number by today’s standards, especially considering competition offering a higher range.This development comes at a time when brands like Bajaj, Ather and Ola have recently announced launch of new variants of their respective electric scooter offerings. While the upcoming electric scooter from Ather will be based on the 450 Series, the e-scooter from Bajaj will be based on Chetak. For reference, the current-spec Chetak and 450X offer a maximum range of 95km and 85km respectively on a single charge.New TVS iQube Electric Scooter TeaserBoth these scooters will receive updates to their powertrain specs which should include a larger battery pack. Therefore, TVS is expected to do the same in order to offer a higher single-charge range on iQube. Exact details about the upcoming variant haven’t come to light. We also expect the Hosur-based company to offer some additional features as well.TVS iQube SalesSales Last 12 MonthsTVS iQubeMay-210Jun-21639Jul-21540Aug-21649Sept-21766Oct-21395Nov-21699Dec-211,212Jan-221,529Feb-222,238Mar-221,799Apr-221,420Avg Per Month991Total11,886Since the past twelve months, TVS has sold a total of 11,886 units of iQube with an average monthly volume of 991 units during this period. Sales have kicked up pace since December 2021 when TVS decided to expand the scooter’s availability to new centres. A new variant with a more powerful battery pack would surely be an enticing option for customers.TVS iQube Electric – Specs & FeaturesAt present, TVS iQube is powered by a 4.4kW hub-mounted BLDC motor that draws its energy from three lithium-ion batteries which collectively have a power rating of 2.25kWh.generates. The resultant powertrain pumps out 140 Nm of peak torque at the wheel while top speed has been limited to 48 kmph for Eco mode and 78 kmph for Sport mode.2022 TVS iQube TeaserThe current iQube is equipped with features like full-LED lighting and a fully digital coloured instrument display that has been embedded with TVS SmartXonnect function. The latter comes with smartphone integration through Bluetooth which allows access to a wide range of information like ride stats, remote battery range and geo-fencing. The console also displays navigation and call and text message alerts. More

Prices of TVS scooters and motorcycles have been increased in the range of Rs 1,000 to Rs 2,500; No price hike for iQubeImage – Auto EraSimilar to price hikes announced by other OEMs, TVS Motor has also increased prices of its two-wheelers across the range. After the pandemic, inflation has emerged as a key contributor to rising prices. For business sustainability, manufacturers have little option other than to pass some of the increased input costs to end users.However, TVS has ensured that the latest price hike does not overburden consumers. Even with the revised prices, TVS scooters and motorcycles continue to be among the most affordable in their respective segments.TVS scooters prices May 2022TVS offers scooters in 90cc to 125cc range. Most affordable is TVS Scooty Pep Plus, which is powered by an 87.8cc motor. It generates 5.36 bhp of max power and 6.5 Nm of peak torque. Scooty Pep Plus range now starts at Rs 60,334. Scooty Pep Plus Pink and Matte variants are priced at Rs 61,334 and Rs 63,234, respectively.In 110cc segment, TVS offers Zest 110 and Jupiter 110. Zest new prices are Rs 67,016 for Gloss variants and Rs 68,693 for Matte variants. In case of Jupiter 110, new starting price is Rs 68,571 for sheet metal wheel variant. Updated prices of other variants are Jupiter STD (Rs 71,571), Jupiter ZX (Rs 75,546), Jupiter ZX Disc (Rs 79,346), Jupiter Classic (Rs 79,316) and Jupiter SmartXonnect (Rs 82,346).TVS Scooters – Prices May 2022In 125cc segment, Jupiter 125 updated starting price is Rs 78,175 for drum brake variant. Jupiter 125 Alloy will cost Rs 80,625 whereas Jupiter 125 Disc is available at Rs 85,075. Ntorq range now starts at Rs 77,106 for drum variant. Prices of other variants are Ntorq Disc (Rs 81,561), Ntorq Race Edition (Rs 85,161), Ntorq Super Squad Edition (Rs 87,661), Ntorq Race XP (Rs 89,211) and Ntorq XT (Rs 1,02,823).TVS Motor’s sole offering in electric segment is iQube, which continues to be one of the most affordable electric two-wheelers in the market. On-road price in Delhi after centre and state subsidies is Rs 1,00,777.TVS Motorcycles prices May 2022In motorcycle segment, TVS portfolio includes bikes in 110cc to 310cc range. TVS Sport is now available at a starting price of Rs 60,130. The electric start variant will cost Rs 66,493. Star City is another popular 110cc commuter bike, which now starts at Rs 70,205 for drum variant. Star City disc variant will cost Rs 73,995.TVS Motorcycles – Prices May 2022Third 110cc TVS bike is Radeon, which is now available at a starting price of Rs 59,925. Prices of other variants are Radeon COTY Drum (Rs 71,066), Radeon DT Drum (Rs 71,966), Radeon COTY Disc (Rs 74,066), and Radeon DT Disc (Rs 74,966). In 125cc segment, TVS offers Raider that was launched last year in September. Raider new prices are Rs 84,573 for drum variant and Rs 89,089 for disc variant.Moving on to TVS Apache range, RTR 160 is now available in the range of Rs 1,11,740 to Rs 1,25,575. RTR 180 and RTR 200 starting price is Rs 1,18,690 and Rs 1,38,190, respectively. The company’s flagship Apache 310 will now cost Rs 2,59,990.TVS Moped XL100 – Prices May 2022Another bestseller for TVS is its XL100 moped. It’s currently the cheapest 100cc bike in the country. TVS XL100 variants are available in the range of Rs 43,041 to Rs 54,160. More