TVS Motor

Image – Deepak Rao VlogsTVS Motor Company registers sales of 272,693 units in November 2021, down 15.50 percent YoY
TVS Motor Company has recorded a dip in sales in November 2021. YoY sales dipped 15.50 percent to 2,72,693 units as against sales of 3,22,709 units sold in November 2020 relating to a 50,016 unit difference. MoM total sales dipped 23.19 percent over 3,55,033 units sold in October 2021.
TVS Motor Sales Nov 2021 – Motorcycles, Scooters
De-growth was reported in the scooter and moped segments while motorcycle sales increased YoY. Motorcycle sales stood at 1,40,097 units in the past month, up 4.92 percent as against 1,33,531 units sold in November 2020. Share stood at 54.33 percent, up from 50.47 percent held in October 2021. MoM sales of motorcycles dipped 18.72 percent over 1,72,361 units sold in October 2021.
TVS motorcycle range includes Apache, Raider, Radeon, Star City and Sport. The updated Apache RTR 200 4V has just been launched in this segment and is priced at Rs 1,33,840 for the base single-channel ABS variants and at Rs 1,38,890 for the dual-channel ABS variant.
Scooter sales dipped 29.36 percent to 75,022 units last month, down from 1,06,196 units sold in November 2020 with a percentage share of 29.09. MoM scooter sales also fell 33.68 percent as against 1,13,124 units sold in October 2021 when share percentage stood at 33.12. In the month of October 2021, TVS Jupiter scooter had been the country’s second best-selling scooter after the Activa. Ntorq, Pep+ and Zest also added to TVS scooter sales in Nov 2021.
TVS Motor Sales Nov 2021 vs Nov 2020 (YoY)
Taking XL 100 moped sales into account, a 40.46 percent de-growth was reported to 42,744 units last month. This was against 71,792 units sold in November 2020. MoM moped sales also dipped 23.71 percent over 56,028 units sold in October 2021.
This took two wheeler domestic sales to 1,75,940 units in November 2021, down 29 percent over 2,47,789 units sold in November 2020 and down 32.01 percent over 2,58,777 units sold in October 2021. Exports of two wheeler on the other hand increased 28.55 percent YoY to 81,923 units while MoM exports remained flat over 82,736 units shipped in October 2021. TVS Star City, Apache, Raider and Victor were much in demand in global markets.
TVS Motor Sales Nov 2021 – Three wheeler Sales and Exports
TVS Motor Company has seen three wheeler domestic sales dip 10.99 percent YoY to 753 units from 846 units sold in November 2020 while MoM sales dipped 29.30 percent over 1,065 units sold in October 2021. Exports on the other hand grew 36.09 percent YoY to 14,077 units, up from 10,344 units sold in global markets in November 2020. Shipments on a MoM basis increased 13.02 percent over 12,455 units shipped in October 2021.
TVS Motor Sales Nov 2021 vs Oct 2021 (MoM)
Three wheeler total sales thereby stood at 14,380 units in November 2021, 32.53 percent over 11,190 units sold in November 2020. MoM sales also increased 9.69 percent over 13,520 units sold in October 2021.
Total two and three wheeler sales suffered a de-growth of 15.50 percent YoY to 2,72,693 units over 3,22,709 units sold in November 2020. Total MoM sales also dipped 23.19 percent over 3,55,033 units sold in October 2021.
TVS Motor Company has plans to launch multiple new EVs both in the two and three wheeler space. The company currently only has the iQube electric scooter in this space that competes with the Ather 450X and Bajaj Chetak. The company plans an investment of Rs 1,200 crore in Tamil Nadu in Future Technologies and Electric Vehicles over the next four years. More

Image – The Bikers DiaryTVS Motor Company domestic sales dipped 14.10 percent with the only model posting any significant increase YoY being the iQube
TVS Motor Company has experienced de-growth both where domestic sales (-14.10 percent) and exports (-0.12 percent) are concerned. Taking domestic sales into account, almost every model in the company lineup posted a YoY de-growth except for the RR310 and more specifically the TVS iQube.
Total domestic sales last month stood at 2,58,877 units, down from 3,01,380 units sold in October 2020 – a difference of 42,503 units. Exports on the other hand remained more or less flat with 80,525 units shipped in October 2020 while shipments in the past month stood at 80,428 units.
TVS Sales Breakup Oct 2021 – Jupiter Tops List
TVS Jupiter commanded domestic sales list with 72,261 units, down 2.56 percent over 74,159 units sold in October 2020 with a 27.91 percent share in the company lineup. TVS Jupiter scooter was also the second best-selling scooter in India following the Honda Activa, commanding a 16.53 percent market share.
Next up was the TVS XL moped with 55,356 units sold last month, down 31.04 percent over 80,268 units sold in October 2020 with a 21.38 percent share while at No. 3 was the TVS Apache motorcycles. Sales of the Apache stood at 39,799 units, down 2.79 percent over 40,943 units sold in October 2020.
TVS Sales Oct 2021 Breakup
At No. 4, TVS Ntorq sales also dipped in October 2021 by 18.50 percent to 25,693 units, down from 31,524 units sold in October 2020. The Ntorq 125 has found a new rival with the launch of Suzuki Avenis launched at Rs 86,700. TVS Sport (19,730 units), Radeon (15,596 units) and Raider (10,553 units) followed in quick succession. The Sport and Radeon posted a YoY de-growth while the Raider is a new entrant launched in September 2021 at Rs 77,500.
October 2021 sales of TVS Star City, Pep+ and Zest also posted de-growth while the RR310 sales increased marginally by 0.20 percent to 497 units up from 496 units sold in October 2020. Sales of the iQube increased by 1134.38 percent to 395 units in October 2021, up from just 32 units sold in October 2020.
TVS Exports October 2021
TVS Exports stood flat on a YoY basis. Exports which had stood at 80,525 units in October 2020 dipped 0.12 percent to 80,428 units in the past month. TVS Star City 125 was the best-selling model in global markets. Sales increased 59.10 percent to 39,143 units in the past month, up from 24,603 units shipped in October 2020. Share in the company lineup stood at 48.67 percent. The Star City suffered 55.05 percent de-growth, with sales of 12,664 units, down from 28,173 units sold in October 2020.
TVS Exports Oct 2021 Breakup
TVS Apache also posted a YoY de-growth of 3.90 percent to 12,549 units in the past month, down from 13,058 units exported in October 2020. More positive exports were reported for the TVS Sport and Ntorq which increased 26.10 percent to 7,914 units and 11.56 percent to 4,255 units respectively.
The new TVS Raider saw shipments to the tune of 1,169 units last month. Victor exports also increased 16.67 percent to 1,120 units, up from 960 units shipped in October 2020. YoY de-growth in terms of exports was seen in the case of TVX XL (672 units), Radeon (520 units), Wego(264 units) and also for the Jupiter (125 units) and RR310 (33 units). More

TVS electric motorcycle render. Credit – Abin DesignsThe latest MoU between TVS and Tamil Nadu will have a significant beneficial effect on small and medium industries directly or indirectly associated with TVS
TVS Motor has taken a giant leap towards electrification. The company has signed a Memorandum of Understanding (MoU) with the government of Tamil Nadu. According to the MoU, TVS will be investing a whopping Rs 1,200 crore over a period of four years in the electric vehicle (EV) space in the state.
The MoU was signed at the Tamil Nadu Investment Conclave 2021 in Coimbatore in the presence of Chief Minister of Tamil Nadu, M K Stalin and Venu Srinivasan, Chairman, TVS Motor Company. The investment will cater to building EVs and developments of future technologies in the electric mobility space.
TVS Upcoming Electric Vehicles – New EV factory
A majority of this investment will be spent on building a new manufacturing facility in the state which will specifically cater to design, development and manufacturing of new products and capacity expansion in the EV space. The investment also reflects TVS’ continued commitment towards the state’s overall economic growth as a responsible corporate citizen.
TVS stated that it is transforming itself into a digital age company with a connected, sustainable and electric brand. The company is committed to leading the technology development in EV and green fuel and leading the way to the electrification of the two-wheeler segment in the country.
TVS Creon Electric Scooter Concept
This development comes after Ola Electric made a swashbuckling entry into the country’s EV space earlier this year with a new Futurefactory, which is the world’s largest electric two-wheeler manufacturing facility.
TVS might retail its future battery-powered models in a separate vertical dedicated to EVs. TVS reportedly has plans to launch a range of new electric vehicles including scooters, motorcycles, three wheelers, etc in the coming years. All these are expected to be manufactured at this new plant.
TVS iQube- Mechanical Specs & Features
Currently, TVS has only one EV offering in the form of iQube electric scooter in its entire lineup. Initially launched in January last year, the e-scooter is now available in many cities across the country. Priced a little more than Rs 1 lakh, it directly rivals the likes of Ather 450X, Bajaj Chetak and Ola S1. TVS iQube sales crossed the 4k mark for 2021 last month. It has stayed ahead of rival Chetak by a margin of about 200 units.
Powering iQube is a 4.4kW hub-mounted BLDC motor that derives its energy from a 2.25kWh battery pack. This powertrain returns 3kW power and 140 Nm of peak torque and a claimed range of 75km for a single charge. The e-scooter gets two modes- Eco and Sport.
iQube also comes loaded with features such as full-LED lighting along with a full-colour TFT instrument cluster sporting TVS’ SmartXonnect function. It allows connecting the display with a smartphone through Bluetooth for giving access to various information such as ride stats, remote battery range and geo-fencing. More

Image – Vlogger Satyam GuptaTop 10 two-wheeler wholesales in October 2021 take a beating, sales decline reported at 16.78 percent
Two wheeler sales always gets one’s attention considering the sheer volumes that are sold month after month. When it comes to the top of the order, it’s the usual suspects that lead by a margin. Cumulative wholesales for top 10 two wheelers last month fell by 16.78 percent.
Volume fell to 11,26,760 units, down from 13,53,972 units. Volume loss is reported at 2,27,212 units. While this isn’t indicative of what the market holds for the months to come, there’s no denying that festive season sales for 2021 were weak.
Top 10 Two Wheelers Oct 2021
Hero Splendor wholesales account for most numbers at 2,67,821 units. Volume loss was just below 48k units, down from 3,15,798 units at 15.19 percent decline. While the top order always sees motorcycles dominate, as usual, Honda Activa scooter defies odds and pulls in 2nd.
Wholesales are reported at 1,96,699 units, down from 2,39,570 units at volume loss of 42,871 units. Sales decline stood at 17.89. Both top sellers together account for just over 40 percent of total sales in the top order.
Top 10 Two Wheelers Oct 2021
Bajaj Pulsar and Platina sales
Hero HF Deluxe sales fell by almost 30 percent. Wholesales dropped to 1,64,311 units, down from 2,33,061 units. Sales volume fell by 68,750 units. Honda CB Shine sales decline was comparatively lower at 4.21 percent. Wholesales fell to 1,13,554 units, down from 1,18,547 units. Volume loss is reported at under 5k units.
Bajaj Pulsar sales fell by about 37 percent. This effectively took wholesales to under a lakh units at 86,500 units. Volume loss stood at 51,718 units, down from 1,38,218 units. Pulsar 250 has been launched in the meantime. Deliveries for which have now commenced.
Bajaj Platina sales is the only motorcycle that’s in the green in the top list. Wholesales grew by about 38 percent, up at 84,109 units. Volumes grew by 23,142 units, up from about 61k units.

Top 10 Two Wheelers
Oct-21
Oct-20
%

1. Hero Splendor
2,67,821
3,15,798
-15.19

2. Honda Activa
1,96,699
2,39,570
-17.89

3. Hero HF Deluxe
1,64,311
2,33,061
-29.50

4. Honda CB Shine
1,13,554
1,18,547
-4.21

5. Bajaj Pulsar
86,500
1,38,218
-37.42

6. Bajaj Platina
84,109
60,967
37.96

7. TVS Jupiter
72,161
74,159
-2.69

8. TVS XL100
55,356
80,268
-31.04

9. Suzuki Access
46,450
52,441
-11.42

10. TVS Apache
39,799
40,943
-2.79

Total
11,26,760
13,53,972
-16.78

TVS XL100 sales decline
TVS Jupiter scooter sales fell marginally to 72,161 units, down 2.69 percent. Volume loss was pegged at just below 2k units, down from 74,159 units. TVS also sells the popular moped model, XL100. It is the most affordable TVS on offer, and also the one which registers highest sales for the company. Last month though, wholesales fell by a noticeable 31.04 percent, down at 55,356 units. Volume loss was pegged at just under 25k units, down from 80,268 units.
Suzuki Access sales fell by 11.42 percent. Wholesales were down to 46,450 units, down from 52,441 units. Volume loss stood at just below 6k units. Suzuki is getting ready to launch a new scooter in India. TVS Apache sales fell to 39,799 units, down from 40,943 units. Volume loss stood at 1,144 units at 2.79 percent sales decline. More

Image – Deepak Rao VlogsTVS Motor Company reported a de-growth across motorcycle and scooter sales in domestic markets while exports increased marginally
TVS Motor Company has registered a de-growth of 10.06 percent in October 2021 sales of two and three wheelers. Exports on the other hand noted an increase. Total sales (2 and 3 wheeler) stood at 3,55,033 units, down 10.06 percent over 3,94,724 units sold in October 2020 relating to a difference of 39,691 units.
TVS Motor Sales Oct 2021 – Two Wheelers
Two wheeler sales, that included motorcycles, scooters and moped, saw a 14.14 percent decline in domestic sales while exports increased 2.47 percent. Motorcycle sales dipped 0.52 percent to 1,72,361 units in October 2021, down from 1,73,263 units sold in the same month of the previous year. Motorcycle sales were led by Apache, Raider, Sport, Radeon, Star City and the RR 310.
Scooter sales also fell 11.02 percent to 1,13,124 units, from 1,27,138 units sold in domestic markets in October 2020. In scooters, TVS offers Jupiter, New Jupiter 125, Ntorq, Zest, Scooty Pep+.
Moped sales that included the TVS XL 100 saw a 31.44 percent YoY decline to 56,028 units in the past month from 81,720 units sold in October 2020. This took total 2 wheeler domestic sales down 14.14 percent to 2,58,777 units in October 2021, from 3,01,380 units sold in October 2020 a difference of 42,603 units.
TVS Motor Sales Oct 2021 vs Oct 2020 (YoY)
Exports on the other hand saw better results with a 2.47 percent YoY increase to 82,736 units sold, up from 80,741 units sold in October 2020. Total two wheeler sales dipped 10.63 percent to 3,41,513 units in October 2021 from 3,82,121 units sold in October 2020.
Month-on-Month sales of two wheelers increased in the case of motorcycles and scooters while moped sales dipped. Motorcycle sales increased 3.80 percent from 1,66,046 units sold in September 2021 to 1,72,361 units sold last month while scooter sales increased 8.68 percent to 1,13,124 units from 1,04,091 units sold in September 2021.
Moped sales suffered a 10.17 percent MoM de-growth from 62,374 units sold in September 2021. This took total two wheeler domestic sales up 6.02 percent to 2,58,777 units in October 2021 over 2,44,084 units sold in September 2021. TVS XL, Jupiter and Apache lead the sales charts while Ntorq, Sport and Radeon also added good numbers to domestic sales.
TVS Motor Sales Oct 2021 vs Sep 2021 (MoM)
MoM exports however dipped 6.44 percent from 88,427 units shipped in September 2021 while three wheeler exports fell 9.96 percent from 13,832 units sold in September 2021 to 12,455 units sold in the past month.
Three Wheeler Sales and Exports
Three wheeler YoY sales along with exports increased 7.28 percent YoY to 13,520 units, up from 12,603 units sold in the same month of the previous year. In domestic markets, the company sold 1,065 units, up 29.25 percent over 824 units sold in October 2020. Exports increased 5.74 percent to 12,455 units in October 2021 up from 11,779 units shipped in October 2020. Three wheeler totals thus stood at 13,520 units, up 7.28 percent over 12,603 units sold in October 2020. TVS Motors offers a range of 3 wheeler models in India with the most popular being the King Duramax.
MoM sales of three wheelers increased 31 percent in domestic markets from 813 units sold in September 2021. Exports however, dipped 9.96 percent over 13,832 units shipped in September 2021. Total three and two wheeler domestic sales and exports increased 2.27 percent to 3,55,033 units in October 2021 over 3,47,156 units sold in September 2021. More

Image – MRD VlogsTVS Motor Company was the third best selling two wheeler maker in India in the past month, after Hero and Honda
Two wheeler sales in India were on the decline last month. Every leading two wheeler automaker posted negative growth with the exception of TVS Motor Company. TVS Motor Company’s domestic sales in September 2021 stood at 2,44,084 units, as compared to sales of 2,41,762 units in the corresponding month last year. This was a marginal 0.96 percent YoY growth.
TVS Sales, Exports Breakup Sep 2021
TVS XL commuter continued to be the best selling two wheeler from TVS, with 61,664 units sold last month. This is a declined of 10.54 percent over 68,929 units sold in September 2020. The XL 100 currently commands a 25.26 percent share in total TVS two wheeler sales for Sep 2021. More recently, the company added a new Coral Silk colour option to its palate in addition to existing colours of Mint Blue, Luster Gold, Red Black and Grey Black
TVS Jupiter was at No. 2 with 56,339 units sold last month and was the second best-selling scooter in the country after the Honda Activa. This was a 0.45 percent growth over 56,085 units sold in September 2020 while its share in the company lineup stands at 23.08 percent. The new TVS Jupiter 125 has been recently launched in India at Rs 73,400. It is based on a new platform, gets a new engine and comes with disc brake or a drum options upfront.
The Apache range of motorcycles in the 160cc to 200cc segment, noted sales of 40,661 units last month, up 7.60 percent over 37,788 units sold in September 2020. Currently holding a 16.66 percent share, the company has just introduced the 2022 Apache RTR 160 4V in the Indian market starting from Rs 1,15,265 onward.
TVS Sales Sep 2021
TVS Raider 1st Month Sales
TVS Ntorq, Sport and Radeon each posted YoY growth. The NTorq 125 grabbed a fifth position in terms of scooter sales in September 2021 with 29,452 units sold, a 12.63 percent growth over 26,150 units sold in September 2020. Sport sales also increased 3.59 percent to 14,650 units while Radeon sales increased 3.40 percent to 13,296 units in the past month.
Sales of TVS Star City also increased 8.16 percent last month to 8,766 units, up from 8,105 units sold in September 2020. Next up was the new TVS Raider, which was launched recently. In its first month, it has registered sales of over 7k units. However, sales de-growth was reported in the case of the TVS Pep+ (-42.78 percent) and TVS Zest (-15.41 percent). It was the TVS iQube electric scooter that noted a surge in demand up 10842.86 percent to 766 units, from just 7 units sold in September 2020.
TVS Exports Breakup Sep 2021
In export markets, TVS Motor Company has posted a 22.11 percent growth in a YoY basis. Total exports which had stood at 70,684 units in September 2020, increased to 86,313 units in the past month.
TVS Exports Sep 2021
In global markets, it was the Star City 125 and Star City that were most in demand. Star City 125 sales increased 41.37 percent YoY to 32,619 units, up from 23,073 units sold in September 2020 with a 37.79 percent share. Star City sales increased 6.71 percent to 28,712 units last month, up from 26,907 units shipped in September 2020.
At No. 3 it was the Apache, with a 23.31 percent YoY sales growth. Sales which had stood at 9,913 units in September 2020, increased to 12,224 units last month. TVS Ntorq and Sport also found increased demand in global markets, up 53.25 percent to 6,208 units and up 25.09 percent to 4,038 units respectively.
Export de-growth was reported in the case of TVS Victor and XL, both of which dipped 28.57 percent and 14.35 percent respectively YoY in the past month. TVS Radeon, Raider and Wego saw exports increase to 440 units, 280 units and 230 units respectively while exports of the RR310 stood at 52 units. TVS Jive and Jupiter failed to find any buyers globally. More