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      Bajaj Chetak, TVS iQube Electric Scooter Sales Post Record Growth

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      Bajaj ChetakBajaj Chetak and TVS iQube electric scooter sales have grown over 10 times in 2021, compared to 2020
      Electric scooter sales in India have been noting a marked increase over the past year, following ever increasing fuel prices. New entrants have entered the fray that include recently launched Ola and the Simple One, competing with more established rivals from Hero Electric, Okinawa, Ampere, Ather, Bajaj Chetak, TVS iQube, etc.
      In 2021, sales of Bajaj Chetak and TVS iQube have noted significant increase over sales in the same period of the previous year. Bajaj Chetak sales stood at 1,991 units in 2022, up from 332 units sold in 2021. TVS iQube sales increased to 2,255 units up from 71 units in the corresponding period. Total sales of these two, increased from about 400 in 2020 to over 4k in 2021 (Jan-July period).
      Chetak, iQube Sales Increase
      Bajaj Chetak and TVS iQube, these two electric scooters have seen widescale acceptance by buyers in India over the past few months. Sales in June-July period have been the highest. Both scooters have posted a total of over 1,000 sales in both these months.
      Sales of both e-scooters could have been higher, but they currently on sale only in a few cities only. Bajaj Chetak sales only recently expanded to Nagpur, Aurangabad, Mysore and Mangalore while more cities will be added in the coming months. By end of 2021, Bajaj expects that the Chetak will go on sale across 22 new cities and by March 2022, Chetak will be available in 40 cities.
      Chetak and iQube electric scooter sales – 2021 vs 2020
      TVS iQube, on the other hand, is currently available in Pune, Delhi, Bengaluru, Chennai and Coimbatore. It is expected to go on sale in more cities of Ahmedabad, Hyderabad, Mumbai and Kolkata soon. iQube will also be available in a number of Tier I cities.
      Electric Scooter Demand
      Not only Bajaj Chetak and TVS iQube, all electric vehicles are registering increase in sales / demand. Be it cars or two wheelers, EVs are much in demand. Boost in demand is due to multiple reasons. Top two reasons which has boosted EV demand in recent months – is the increase in petrol price and increase in subsidy thanks to FAME scheme and state govt incentives.
      OEMs are currently working towards increasing their manufacturing capacity, to meet the growing demand of EVs. Bajaj will setup new plant in Chakan near Pune for EVs. TVS has Rs 1,000 crore investment plan for EVs. Hero Electric is increasing production capacity to 10 lakh units. Ampere, Okinawa also has plans to increase production of EVs. Basically everywhere you look, all are trying to be a part of the EV boom.
      Currently, many buyers are staying away from EV due to reasons like higher price, little to no availability of charging network, etc. But these concerns will not remain for long. With increase in production, rise in sales, battery prices are expected to decline in coming years. With more people buying EVs, network of EV chargers is also expected to grow at a similar rate. This will boost EV sales across segments. EVs are likely to replace ICEs at a faster rate than expected. More

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      New TVS Fiero, Jupiter 125cc Launch Soon – Pulsar , Activa Rival

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      New TVS Fiero – Render By Rash GearWith higher disposable incomes, there’s growing preference for 125cc two-wheelers over entry-level 100cc bikes
      Aiming for a more balanced portfolio, TVS will be launching all-new Jupiter 125 and a sports commuter motorcycle Fiero 125. Both these products will be entirely new, although they might share engine and other hardware with existing TVS two-wheelers. While Jupiter 125 will rival the likes of Suzuki Access 125 and Honda Activa 125, Fiero 125 will take on Honda CB Shine, Bajaj Pulsar 125 and recently launched Hero Glamour XTEC.
      TVS Jupiter 125 – key details
      TVS already has the 125cc Ntorq, which is among the bestsellers in this segment. The company feels the need for another 125cc scooter because Ntorq is primarily targeted at a younger audience base.
      Ntorq has sporty vibes and is offered in trendy colour options. In comparison, Jupiter has relatively sober design and is meant for everyday commuting needs. Jupiter 125 can be a good option for those who want a powerful scooter, but do not like the trendy / sporty avatar of the Ntorq..
      Till date, TVS has kept details about its new two-wheelers tightly under wraps. However, reports indicate that Jupiter 125 will have a completely new design. Only a few styling bits are expected to be borrowed from 110cc Jupiter. To improve its chances against rivals, Jupiter 125 will be good looking as well as practical.
      TVS Jupiter 125 Render
      Expect the new Juputer 125 platform to accommodate an electric powertrain as well. We all know vehicle manufacturers have been increasing their focus on EVs. TVS had recently said that they have a dedicated team working on EVs. It is likely that the new Jupiter 125 could spawn into an electric scooter in the near future.
      Talking about engine, Jupiter 125 will most likely borrow the unit currently used with Ntorq. However, power and torque output and CVT ratios may be slightly different. On Ntorq, the 125 cc motor churns out 9.25 bhp of max power. The scooter has a top speed of 95 kmph.
      Jupiter 125 is expected to get an analogue instrument console. A small digital unit may be added to display information such as trip meter and fuel level. Jupiter 125 could be launched at around the same price as that of Ntorq. The latter is available at a starting price of Rs 72k (ex-showroom, Delhi).
      TVS Fiero 125 Name Registered
      TVS Fiero 125
      Before Jupiter 125, TVS will launch its new Fiero 125cc motorcycle. As of now, TVS does not have a 125cc motorcycle on sale in the domestic market. But they do have 125 cc motorcycles on offer in international market.
      The new Fiero 125 could use the engine from this existing TVS motorcycles (Star City 125 and Victor 125). Fiero can fill the gap between the company’s entry-level 110cc bikes and Apache RTR series motorcycles. It is expected that Fiero 125 will seek design inspiration from RTR series motorcycles such as 160 4V.
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      TVS Apache 165 RP Name Trademark – Sportier Than RTR 160 4V

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      Image for reference
      TVS is eyeing to expand the Apache lineup with new derivatives of the sporty commuter motorcycle
      Apache has been the flagship motorcycle brand of TVS Motor. The company has been active at updating the Apache line-up. Recently they introduced significant updates to its flagship Apache RR 310.
      And it seems the Hosur-based bikemaker is not settling down yet. The company recently filed a trademark for Apache RTR 165 RP. There are no details of this bike currently available with us but we believe that it could be a sportier version of Apache RTR 160 4V. The ‘RP’ in the moniker could possibly stand for Racing Performance which could be the start of a new performance-based sub-brand from TVS.
      Expected Updates on New TVS Apache 165
      The upcoming iteration of Apache might offer a bump-up in engine displacement and this can be possible thanks to a rebored version of the 159.7cc, single-cylinder, oil-cooled engine currently empowering Apache RTR 160 4V.
      In its current form, this fuel-injected motor pumps out 17.63 bhp and 14.73 Nm of peak torque which in itself is segment-leading. In the updated form, this powertrain is expected to push out a few extra horses and slightly higher torque.
      TVS Apache RTR 165 RP name trademark application
      A few cosmetic changes would also be made in order to distinguish itself from the rest of the lineup. Ergonomics of the bike is likely to be altered as well with slightly lower handlebars. In addition, footpegs are expected to be shifted towards the rear lending a slightly aggressive ride posture.
      TVS might also alter the tuning of the suspension setup for a sportier ride and this would lead to improvement in overall performance as compared to RTR 160 4V. That said, the suspension setup comprising telescopic forks at front and a Showa-tuned mono-shock unit at rear with preload adjustability are expected to be carried forward to Apache RTR 165 RP. Braking duties will likely be carried out by disc brakes at both ends which could also benefit from dual-channel ABS as standard.
      Expected features, price
      In terms of features, all gizmos on offer in RTR 160 4V are expected to be carried forward to RTR 165 RP. These include all-LED lighting, LED DRLs, a fully digital instrument cluster, a wave bite ignition key, a one-touch start and Glide Through Traffic (GTT) technology. Apache RTR 165 RP is likely to be priced at a premium of Rs 5,000-10,000 over RTR 160 4V which is currently priced between Rs 1.12 and Rs 1.15 lakh (ex-showroom).
      All these are speculations at the moment since the launch of such a motorcycle hasn’t been confirmed by TVS yet. Automakers tend to file trademarks for many future products which eventually don’t end up in final production. Hopefully, we get hold of some more details about RTR 165 RP in the coming days. More

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      TVS Sales Aug 2021 – Apache, Ntorq, Jupiter, XL100, iQube Electric

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      Image – Autoholic ManishTVS Motor Company reports decline in 2W domestic wholesales, and growth in exports in August 2021
      Keeping in mind ongoing increase in input costs, TVS Motor Company recently revised its two-wheeler price list. Prior to the festive season, the company has also introduced a ‘Race’ and ‘Dynamic’ kit for its highest cc 310 Apache unit.
      TVS Motor Company reports 1.05 percent sales decline for total two wheelers sold in August 2021. Sales dipped from 2,77,226 units to 2,74,313 units. Of total sales domestic two-wheeler wholesales fell to 1,79,999 units at 17.56 percent decline, down from 2,18,338 units YoY.
      Volume loss stood 38,339 units. 2W exports grew significantly at 60.16 percent, up at 94,314 units from 58,888 units. Volume gain is reported at 35,426 units. Of total 2W sales, domestic sales accounts for over 60 percent of volumes.
      TVS August 2021 YoY sales
      Total motorcycle sales grew by 11.60 percent. Sales rose to 1,33,789 units, up from 1,19,878 units. Volume gain stood at 13,911 units. Scooter sales were stable at 87,059 units. Best selling motorcycles include Apache, Sport, Radeon, Star City. XL100 Moped sales fell to 53,465 units, down from 70,304 units. Volume loss stood at 16,839 units at 23.95 percent decline.
      TVS Sales Aug 2021
      3W domestic sales has been constrained for many long months now. With Covid-19 pandemic having brought all nature of commute to a standstill for months at an end, lockdown restrictions active even now haven’t been kind to the 3W market. Domestic market performance was stable at 768 units, up from 713 units. Exports rose significantly at 15,613 units, up from 9,459 units. Volume gain stood at 6,154 units. Of the total 3W market, TVS exports last month accounted for 95.31 percent.
      Total (2W and 3W) domestic market sales accounted for 1,80,767 units, down from 2,19,051 YoY. Sales decline stood at 17.48 percent at volume loss of 38,284 units. Exports on the other hand took strong strides at 60.84 percent growth. Volume gain stood at 41,580 units. A total (2W and 3W) 1,09,927 units were exported, up from 68,347 units YoY.
      TVS August 2021 MoM sales
      MoM total motorcycle sales fell by 3.59 percent. Sales fell from 1,38,772 units at volume loss of just under 5k units for July 2021. Scooter sales improved by 12,708 units at 17.09 percent. Top selling scooters include Jupiter, Ntorq, Pep+. Even the TVS iQube electric is now much in demand.
      TVS Sales Aug 2021
      Moped sales growth stood at 7.78 percent at volume gain of just under 4k units, up from 49,605 units. 2W domestic sales improved 2.76 percent at volume gain of 4,830 units. 2W exports growth is reported at 7.71 percent at volume gain of 6,755 units. Total 2W sales growth is reported at 4.41 percent at volume gain of 11,585 units, up from 2,62,728 units.
      3W domestic wholesales end exports were in the green. Domestic sales improved by 219 units, and 3W exports were stable in a MoM comparison. Total (2W and 3W) domestic sales volume grew by about 5k units, and 3W volumes grew by 6,794 units. Total MoM volume gain in August 2021 stood at 11,839 units More

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      2021 TVS Apache 310 Race And Dynamic Kit Launched – Price Rs 2.77 L

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      TVS Apache 310 Race Kit and Dynamic Kit launchedTVS Motor Company has launched industry-first Built To Order option – Which has now been implemented on Apache 310
      TVS Motor has been quick at updating their flagship Apache 310. Just last year, the motorcycle received new features. These included significant upgrades in the form of a new TFT instrument console, multiple riding modes and a ride-by-wire throttle along with SmartXonnect connected tech. It also added new Michelin Road 5 tyres and fresh colour options. Today it has received its 2021 update in the form of Race and Dynamic Kit.
      TVS Apache 310 Race Kit and Dynamic Kit
      TVS Motor announced the launch of two new kits for their Apache 310. Called Race Kit and Dynamic Kit, these are available individually or together. Base price of the Apache 310 has been increased from today and it now stands at Rs 2.6 lakhs, ex-sh. If you chose to add either of these kits, you will be charged extra.
      For the Dynamic Kit, you will have to pay Rs 12,000 more – taking the bike price to Rs 2.72 lakh ex-sh. For that price, you will get fully adjustable KYB front and rear suspension. You will also get brass coated drive chain.
      The Apache 310 Race Kit will cost you Rs 5,000, taking the bike price to Rs 2.65 lakh ex-sh. For that, you will get race designed footpegs and racing ergonomics. If you opt to install both kits, you will have to pay Rs 17k over the base price. This will take bike price to Rs 2.77 lakh ex-sh. Only 150 kits each are up for grabs for now.
      TVS Apache 310 Race Kit and Dynamic Kit launched
      TVS Built To Order
      TVS Motor has launched a new configurator, which will enable their customers to configure their bike digitally. They will be allowed the kit options to be installed, as well as the colour option (Red, Black or TVC Racing Livery). Buyers can also chose the Number of their liking, which will be applied as a decal on the Apache 310.
      All this can be done online. Once you have saved you configuration, you can make the payment and reserve your Apache 310. You don’t have to pay the base price of the motorcycle, but only the price of the kits you chose. Remaining amount you will have to pay at the time of delivery.
      Apache 310 Engine specs
      There is no change in engine specs of the Apache RR 310. Apache RR 310 is powered by a 312.2cc single-cylinder, liquid-cooled engine featuring 4 valves and a SOHC setup. It has been rated to produce a maximum output of 33.5 bhp and 27.3 Nm of peak power and torque This unit is coupled with a six-speed gearbox with a slipper and assist clutch.
      TVS Apache 310 Race Kit and Dynamic Kit launched
      TVS offers multiple ride modes on RR 310 including Urban, Rain, Sport and Track. In the latter two modes, the peak output could be extracted out of its engine whereas in Rain and Urban, an output of 25.4 bhp and 25 Nm of peak torque can be extracted.
      Suspension duties are handled by inverted telescopic forks at front and a gas-assisted shock absorber at rear. Braking hardware comprises a 300mm disc up front and a 240mm disc at the rear with safety net provided by a dual-channel ABS. More

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      2021 TVS Apache 310 Facelift Launch Soon – To Get A Range Of Updates

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      TVS Apache 310 rendered with Ntorq design. Credit – Abin DesignsTVS appears to be ahead of the curve when it comes to updating Apache RR310
      One of the popular track-ready motorcycles in the country, TVS Apache RR310 is scheduled to get its 2021 update. As styling and performance are equally important in this segment, TVS is expected to focus on both aspects in 2021 model. Launch date is scheduled for 30th Aug.
      2021 TVS Apache RR310 style updates
      Even in its current form and earlier, Apache RR310 has always sported a captivating design. It has an aggressive look and feel and appears primed to dominate the tracks. 2021 version of the motorcycle could get sportier with an updated front fascia.
      The current model has a shark inspired design and comes with features such as bi-LED twin projector headlamps and snake fangs inspired LED tail lights. Among other visual enhancements, 2021 TVS Apache 310 Facelift could get new body colours.
      The matte blue colour option that is currently available with new RTR 200 4V could be a probable addition. The current model has colour options of Racing Red and Titanium Black. The graphics on body panels could also be updated in 2021 model.
      TVS Apache 310 rendered with Ntorq design language
      New Apache RR310 will likely get adjustability function for both front and rear suspension. It is to note that smaller displacement Apache RTR 200 4V already has this feature for its front suspension. With adjustable suspension, users can make the necessary changes as per their weight and riding environment.
      2021 TVS Apache RR310 functional updates
      Another key update will likely be cornering ABS. As of now, the only motorcycle in this price range to offer cornering ABS is KTM 390 Adventure. 2021 TVS Apache RR310 could also be equipped with a new pair of tyres, possibly TVS Eurogrip Protorq. This is likely due to the current restriction on import of tyres in the country. In its current form, Apache RR310 rides on Michelin ROAD5 tubeless tyres.
      Engine specs are expected to be the same as earlier. The 312.2cc liquid cooled motor generates 34 PS of max power at 9700 rpm and 27.3 Nm of max torque at 7700 rpm. It is mated to a 6-speed gearbox. TVS Apache RR310 has max speed of 160 km/h. It can reach 0 to 100 kmph in 7.17 seconds.
      TVS Apache Thor Edition Render
      TVS seems to be keen to keep RR310 fresh and new to bolster its market potential. As may be recalled, Apache RR310 was updated last year as well. At that time, it had received a range of updates such as new body paint, riding modes, colour TFT instrument console and better gripping Michelin ROAD5 tyres. To top it all, the updates resulted in price increase of just Rs 12k.
      This time around, the updates are expected to make the motorcycle costlier by around Rs 10k. The current Apache RR310 retails at Rs 2.55 lakh (ex-showroom, Delhi). 2021 TVS Apache RR310 will continue to rival the likes of KTM RC390, which is expected to get updated to new gen version in the coming weeks. More

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      TVS Sales, Exports Breakup July 2021 – XL100, Apache, Jupiter, NTorq

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      TVS Apache Sales July 2021TVS Motors has reported YoY de-growth in domestic sales while exports rose significantly
      TVS Motor Company has registered a de-growth of 7.63 percent with scooter and motorcycle sales at 1,75,169 units in July 2021 as against sales of 1,89,647 units in the month of July 2020. Topping the list was the TVS XL the only moped from a reputed two-wheeler brand on sale in India.
      Sales in the past month stood at 49,276 units, down 15.62 percent over 58,403 units sold in July 2020. The TVS XL currently commands a 28.13 percent share. On a MoM basis XL sales increased 37.28 percent from 35,897 units sold in June 2021.
      TVS XL 100 is renowned as being a superior load carrier and is hence popular in semi urban and rural areas. It is also popular for the fact that it commands a lower cost of maintenance.
      At No. 2 in domestic markets was the Jupiter, which also saw sales de-growth in the past month, down 22.1 percent to 38,209 units. Sales in the same month of last year had stood at 48,995 units while MoM sales increased 19.97 percent as 31,848 units were sold in June 2021. Another model in the company lineup to see falling sales was the Apache with sales dipping 19.12 percent YoY to 27,228 units and MoM by 9.94 percent.
      TVS Sales July 2021
      TVS NTorq Milestone
      TVS NTorq was much in demand in the past month at 23,983 units sold, up 46.20 percent over 16,404 units sold in July 2020. In July 2021, NTorq sales crossed the 8 lakh unit milestone. The NTorq was launched in February 2018 and till the end of July 2021 has seen sales of 8,13,178 units. TVS NTorq is the country’s 4th best-selling scooter for FY2021 and competes favorably with Honda Activa, Suzuki Access and also with TVS Jupiter from its own company stables.
      Sales of TVS Sport remained on par on a YoY and MoM basis at the 10,877 unit mark. Radeon sales surged 116.61 percent to 9,466 units, up from 4,370 units sold in July 2020 while sales in June 2021 had stood at 8,132 units with a 16.40 percent growth.
      Star City, Zest, iQube and RR310 also noted YoY sales growth while sales of the TVS Pep+ dipped 56.14 percent. MoM sales of these models in the TVS lineup also saw sales growth except for the iQube which dipped 15.49 percent MoM.
      TVS Exports July 2021
      TVS Export Growth July 2021
      TVS exports for July 2021 stood at 85,765 units, up 62.38 percent over 52,819 units exported in July 2020. In the company lineup, it was the Star City 125 that commanded the most attention in global markets with 40,429 units exported, 110.70 percent over 19,188 units shipped in the same month last year. MoM sales also grew 14.39 percent over 35,344 units sold in June 2021.
      Star City on the other hand saw sales increase in terms of YoY basis by 38.58 percent but suffered a de-growth of 10.75 percent over 31,177 units sold in June 2021. TVS Apache was another model to report YoY growth which stood at 73.12 percent at 11,649 units sold in July 2021 but MoM de-growth of 35.34 percent over 18,015 units sold in June 2021.
      TVS Victor was also much in demand in global markets with growth reported in July 2021 while Sport exports dipped considerably both in terms of YoY and MoM. Ntorq exports dipped 54.72 percent to 326 units while Jupiter saw a 33.72 percent increase in demand in global markets with 230 units exported. MoM exports also surged 166.11 percent over 83 units shipped in June 2021. More

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      Bajaj Chetak Sales At A New High – Beats TVS iQube Electric Scooter In July 2021

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      Image – swift lifestyleCombined sales of Chetak and iQube are higher in July, as compared to respective number in June
      Chetak and iQube are currently the only electric scooters offered by mainstream two-wheeler manufacturers. Throughout 2021, significant fluctuation can be seen in sales of these scooters.
      Global shortage of semiconductors and restrictions due to second wave of pandemic have adversely impacted sales. Now another trend is evident, wherein electric scooter sales are rising due to continuous increase in fuel prices.
      Chetak ahead in July, but trails cumulatively
      Bajaj Chetak sales in July are at 730 units. As compared to just 31 units sold in July last year, YoY growth has improved by a staggering 2254.84%. In comparison, TVS iQube sales in July are 540 units. YoY growth is 2247.83%, as compared to 23 units sold in July last year.
      MoM growth for Chetak in July is 61.50%, as compared to 452 units sold in June. iQube MoM numbers are negative at -15.49%, as compared to 639 units sold in June. Even though Chetak is ahead in July, iQube maintains the lead in cumulative sales numbers. In the seven months from Jan to July 2021, Chetak sold a total of 1,261 units. During the same period, iQube total sales are at 1,715 units.
      Bajaj Chetak vs TVS iQube Sales – July 2021
      Chetak, iQube expansion plans
      With rising fuel prices, electric two-wheeler sales are expected to pick up pace in the coming months. Subsidies available at central and state level are another key factor that will help boost sales. Moreover, as charging and battery swapping infrastructure becomes easily accessible, more people will feel motivated to make the switch to electric.
      In view of these factors, both Bajaj and Chetak are working aggressively to expand operations to new cities. At the time of its launch, Chetak was available only in Pune and Bengaluru. It is now available in Nagpur, Aurangabad, Mysore and Mangalore as well. More cities will be covered in the coming months. By end of this year, Bajaj has plans to make Chetak available in 22 new cities. By March 2022, Chetak will be available in 40 cities.
      TVS iQube is currently available in Pune, Delhi, Bengaluru, Chennai and Coimbatore. More cities will are planned to be covered soon. It includes cities like Ahmedabad, Hyderabad, Mumbai and Kolkata. iQube will also be made available in a number of Tier I cities.
      Bajaj Chetak vs TVS iQube Sales in 2021
      By end of this fiscal, a total of 20 cities are planned to be covered. iQube will soon be available at around 1,000 dealerships. Both Bajaj and TVS already have a vast countrywide dealer network. Introducing their electric products to newer locations should not pose a significant challenge. More