TVS Motor

Image – The Bengal RiderEscalating input costs and prevailing inflationary conditions have caused several automakers to resort to a second price hike this year
Several car manufacturers in India have announced price hikes and now two wheeler makers also jump into the fray. TVS Motor Company has just announced a price hike for its Apache range and also for its other motorcycles and scooters in the company portfolio. Higher input costs and the present economic condition in the country are two factors responsible for this price hike.
TVS Scooters Price List Aug 2021
TVS Motors has increased prices of its scooter range by Rs 1,000 to a maximum Rs 2,336. TVS Pep Glossy and Matte scooters are now priced higher by Rs 1,000 to Rs 57,009 while Zest Glossy and Matte see no price hike.
TVS Jupiter Sheet Metal is priced higher by Rs 1,236 to Rs 65,673 and Jupiter STD and ZX see higher pricing by Rs 736 and Rs 2,336 respectively to Rs 67,398 and Rs 71,973. Jupiter ZX iTouchstart and Classic pricing is higher by Rs 2,006 to Rs 75,743 and Rs 75,773 correspondingly.
TVS has also increased prices of the NTorq 125 series by Rs 750 to Rs 1,950 depending on variant. In July 2021, TVS Motor introduced the NTorq 125 Race XP which comes in a tri-tone colour scheme and priced at Rs. 83,275 (Ex-showroom, Delhi).
TVS Scooters Price Increase Aug 2021. Last hike was in April 2021.
TVS Motorcycles Price List Aug 2021
TVS Motor Company has also increased prices across its motorcycle range except for the TVS Radeon Drum variant which see a price cut of Rs 1,250 from an earlier pricing of Rs 61,242 to Rs 59,992. The Sport KS and ES variants see price hike of Rs 1,200 and 1,450 to Rs 57,330 and Rs 64,430 respectively.
Prices of Star City Plus Drum and Disc variants are now higher by Rs 1,580 and Rs 1,510 to Rs 68,475 and Rs 70,975 respectively while Radeon SE and SE Disc sees prices higher by Rs 1,215 to Rs 66,782 and Rs 6,782 correspondingly.
TVS RTR 160 Drum and Disc prices have been increased by Rs 3,000 and now carry price tags of Rs 1,06,365 and Rs 1,09,365. RTR 4V Drum and Disc variants have been hiked by Rs 4,250 to new pricing of Rs 1,11,565 and Rs 1,14,615.
TVS Motorcycles Price List Aug 2021
Higher pricing is also seen in the case of the TVS RTR 180 by Rs 3,500 to Rs 1,13,065 while RTR 200 4V Single and Dual ABS variants, the price hike is by Rs 3,750. The highest price hike is seen on the case of TVS RR310 that receives a Rs 5,000 higher pricing from Rs 2,49,990 to Rs 2,54,990.
TVS Sales July 2021
TVS Motor Company reported total sales of 2,78,855 units in July, and increase of 10 percent over 2,52,744 units sold in the same period last year. Two wheeler sales stood at 2,62,728 units in July 2021, as against 2,43,788 units in July 2020. Dividing it further, motorcycle sales stood at 1,38,772 units July 2021, as compared to 1,06,06 units sold in July 2020. However, scooter sales dipped to 74,351 units in the past month, as against 78,603 units sold in July 2020. More

TVS Apache
TVS has increased prices of its two-wheelers at least twice this year; the first in January
While price hikes are routine in auto sector, the frequency has been much higher this year. Most OEMs have announced price hikes multiple times since January 2021. Such price hikes have often been attributed to rising input costs and prevailing inflationary conditions. The latest announcement comes from TVS Motor that has increased prices across the range including its popular Apache motorcycles.
TVS Apache new prices
Starting with RTR 160, the entry-level Apache motorcycle, prices have been increased by Rs 3k. This is applicable for both drum and disk brake variants of RTR 160. Price of Apache RTR 160 4V has also been increased by Rs 3k. Here too, price hike is same for drum and disk variants.
Moving up, TVS Apache RTR 180 and RTR 200 4V now cost Rs 4k more. This is applicable across all variants of these motorcycles. Highest price hike is for Apache RR310 that now costs Rs 5k more. New price is Rs 2.55 lakh.
Even with the price hike, TVS Apache motorcycles continue to be competitively priced in comparison to rivals. Apache motorcycles are among bestsellers in their respective categories. It is unlikely that the recent price hike will have any major impact on sales. Prices of rival products have also increased, so price advantage available with Apache range is proportionately the same as earlier.
TVS Apache Range New Price Aug 2021. Last price hike was in Apr 2021. All prices ex-Delhi.
No updates
Although the company has not provided any specific reason for this latest round of price hike, it can be attributed to rising input costs. There are no updates for any of the Apache motorcycles whose prices have been increased.
The last price hike announced by TVS was just a couple months back in April. At that time, prices of Apache motorcycles were increased in the range of Rs 45 to Rs 1,295. RR310 was the only Apache motorcycle whose price was left untouched in April.
RR310 prices have been increased twice this year, first in January and second time in February. In December last year, RR310 was available at Rs 2.45 lakh. As compared to current price, it’s an increase of Rs 10k in a span of around 7 months.
In view of inflationary conditions, it will not be surprising if TVS announces another round of price hike in the coming months. RR 310 is most likely to get another price hike, as it will be receiving its yearly update. RR 310 primary rival is KTM RC 390, which will also be getting a comprehensive update soon. 2021 KTM RC 390 is expected to be priced at around 2.85 lakh. More

Image – The Biker’s DiaryCompany’s total two wheeler and three wheeler sales surged 10.71 percent in July 2021 over 2,51,886 units sold in June 2021
TVS Motor Company has release their sales report for July 2021. It may be seen from the attached tables that the company has reported similar growth both in terms of MoM and YoY basis at 10.71 percent and 10.33 percent respectively.
Motorcycle sales of the company dipped MoM by 5.52 percent in July 2021 to 1,38,772 units, down from 1,46,874 units sold in June 2021. Despite de-growth, motorcycles command a 61.69 percent share unlike scooters (Jupiter, Ntorq, etc) and mopeds (XL100) that hold a 22.93 percent and 15.38 percent share respectively. Top seller in motorcycle segment is the Apache range.
Scooter sales increased MoM to 49,605 units, up from 36,623 units sold in June 2021. This took total two wheeler domestic sales to 1,75,169 units, up 20.46 percent over 1,45,413 units sold in the previous month.
Exports on the other hand dipped 5.52 percent to 87,559 units, down from 92,679 units shipped in June 2021. Total two wheeler sales of TVS stood at 2,62,728 units, up 10.35 percent in July 2021, up from 2,38,092 units sold in June 2021.
TVS Motor Sales July 2021 vs Jun 2021 (MoM)
TVS Motor – Three wheeler sales
Three wheeler domestic sales surged 143.61 percent MoM to 553 units, up from 227 units sold in June 2021. Exports increased to 15,574 units in July 2021 up from 13,567 units shipped in June 2021.
With total 3 wheeler sales at 16,127 units, it was a 16.91 percent growth over 13,794 units sold in June 2021. Total two and three wheeler domestic sales and exports were at 2,78,855 units in July 2021, up 10.71 percent as against 2,51,886 units sold in June 2021.
TVS – YoY Sales
On a Year-on-Year basis, motorcycle sales increased while sales of scooters and mopeds dipped. Motorcycle sales increased 30.84 percent YoY to 1,38,772 units, up from 1,06,062 units sold in July 2020. Scooter and moped sales dipped 5.41 percent and 16.10 percent YoY respectively. This resulted in de-growth in domestic sales by 7.63 percent in July 2021 to 1,75,169 units, down from 1,89,647 units sold in July 2020. Exports on the other hand increased 61.72 percent to 87,559 units, up from 54,141 units sold in July 2020.
TVS Motor Sales July 2021 vs Jul 2020 (YoY)
Total two wheeler sales increased 7.77 percent to 2,62,728 units in July 2021 while three wheeler total sales (domestic and exports) increased 80.07 percent to 16,127 units in the past month, up from 8,956 units sold in July 2020. Domestic two and three wheeler sales dipped 7.69 percent YoY while exports increased 65.31 percent. This took total domestic and exports, two and three wheeler sales up 10.33 percent to 2,78,855 units in July 2021 up from 2,52,744 units sold in July 2020. More

Image – The Bengal RiderDomestic two-wheeler sales of TVS Motor Company in June 2021 was 145,143 units as compared to 1,38,802 units in June 2020
TVS Motor Company has registered 2,37,038 units of two-wheeler sales (domestic and exports) in June 2021 as against 1,83,967 units (domestic and exports) registered in the same month of 2020. In domestic market, the company registered a 4.57 percent YoY sales growth to 1,45,142 units sold in June 2021 as against 1,38,802 units sold in June 2020.
Domestic Sales Breakup
It was only the Apache and Sport models that noted increased sales while every other two wheeler in the company portfolio posted de-growth. Apache sales increased 112.64 percent YoY to 30,233 units in June 2021, up from 14,218 units sold in June 2020. The Apache holds a share of 20.83 percent. Domestic sales of TVS Sport surged 65.26 percent YoY to 10,755 unit in the past month, up from 6,508 units sold in June 2020.
TVS XL, Ntorq, Radeon, Star City, Pep and all suffered de-growth while Zest and iQube added 2,274 units and 639 units respectively to June 2021 sales. This was the highest monthly sales reported by iQube till date.
MoM sales increased 178.67 percent from 52,084 units sold in May 2021 to 1,45,143 units in June 2021. In this case it was positive growth seen across all models in the company portfolio with Apache, XL, Sport and Jupiter adding most to total sales.
TVS Domestic Sales June 2021
Apache sales increased 52.04 percent MoM from 19,885 units sold in May 2021 to 30,233 units sold in June 2021 while XL sales increased 403.11 percent to 35,897 in the past month from 7,135 units sold in May 2021. Zest and RR310 noted the highest percentage growth MoM at 345.88 percent and 668.29 percent respectively.
TVS Exports Double in June 2021
TVS Motor Company has reported a 103.47 percent YoY increase in exports while MoM exports dipped by 9.25 percent. The company exported 91,895 units in June 2021 as against 45,165 units shipped in June 2020. May exports had stood at 1,01,257 units
TVS Star City 125 found most buyers in global market to the extent of 35,344 units shipped in June 2021 as against 18,002 units exported in June 2020. May exports had stood at 34,341 units. Second in line of exports was the Star City with 83.36 percent YoY growth at 31,177 units in June 2021 as compared to 17,003 units shipped in June 2020. In May, it was at 28,529 units relating to a 9.28 percent MoM growth.
TVS Exports June 2021
TVS Apache and Sport also reported good global sales on a YoY basis though MoM exports dipped. Victor exports however, surged in terms of MoM but dipped where YoY exports were concerned. TVS Wego, Jupiter and RR310 do not find much demand in global market. Even as demand in export market continues to meet with outstanding success, the current scenario has led to a scarcity in container availability which is adversely affecting overall export volumes. More

TVS iQube Electric ScooterThe upcoming new-gen EVs from TVS will be conceptualized in India with the aim of catering to demands of both domestic as well as international consumers
With electric mobility gathering momentum in the country in the fast few months, especially in the two-wheeler space, focus has shifted to the new crop of EV manufacturing startups. However, established automakers are devising new strategies to overcome stiff competition from newbies in the Indian auto industry.
Two-wheeler major TVS has announced that the company will be investing Rs 1,000 crore in building a new manufacturing facility dedicated to production of EVs. This proposed new factory will come within the existing Hosur premises of the company’s plant which builds both TVS and BMW models in India.
More Details
The recent development was confirmed by Sudarshan Venu, Joint Managing Director, TVS Motor Company in an interaction with Economic Times. The project is being helmed by Sudarshan in association with other board members like Ralf Speth, former CEO of Jaguar and current chairman of TVS Motor; and Kuok Meng Xiong. Sudarshan added that the company intends to scale up the TVS electric experience pan India.
The report further mentions that the upcoming EV manufacturing plant will have an annual production capacity of 1 lakh units and will assemble both two-wheelers and three-wheelers. These models will feature battery packs in the range of 5-25kW capacity and should be ready to hit showrooms across the country within 24 months.
TVS iQube
The brand is looking to establish its presence across a wide range of EV segments such as commuter space, commuter space, last-mile market, high-performance sporty motorcycles, premium scooters and electric three-wheelers.
New EVs Designed & Developed in India
That said, TVS is not looking to ditch its petrol-driven models anytime soon. The company’s range of EVs will be retailed in parallel to the current petrol-powered models. The company’s new EV vertical already has 500-600 engineers working on various concepts to meet market requirements.
The new range of EVs will be designed and developed in India within a global R&D environment that aims to cater to both domestic and international markets. TVS already has a dedicated facility for electric models which is scalable. In addition, the company is also developing integrated vehicle architecture with a critical backend manufacturing of batteries and other critical EV components.
iQube Details
The Hosur-based manufacturer currently has only EV offering in the two-wheeler space in the form iQube e-scooter. The scooter is presently available for retail in a limited number of places such as Bengaluru, Chennai, Delhi, Pune and Coimbatore. However, by the end of the current fiscal year, it will be available for sale in 1,000 dealerships across major cities and towns in the country. iQube is currently priced at Rs 1.30 lakh (ex-showroom).
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New TVS Ntorq Race XPA bestseller, Ntorq is known for its sporty design, powerful performance and connectivity features
Aiming to take things to the next level, TVS Motor has launched a new Ntorq 125 Race XP variant. It gets a range of enhancements including style updates, new features and superior power delivery. With these updates, Ntorq 125 Race XP variant appears to have taken a lead over rival 125cc scooters.
TVS Ntorq 125 Race XP Styling
New Ntorq variant utilizes a tri-tone theme that combines red, black and white colours in an exciting paint job. At the front, the red and black apron creates an interesting contrast. Front fender is done in black and white while side panels and rear section utilize all three shades in varying proportions. Race-inspired graphics are also part of the package. Most interesting bit is sporty red wheels, a real treat for the eyes.
Talking about features, Ntorq 125 Race XP gets first-of-its-kind Voice Assist function. It is to note that Ntorq is already equipped with SmartXonnect Bluetooth based connectivity system. It supports both Android and iOS platforms. Connectivity experience gets even better now with the Voice Assist feature. With this update, users can access a number of functions via voice commands.
Users can currently use a total of 15 unique voice commands. It includes things like launching navigation, changing modes, etc. SmartXonnect app has also been updated and it now offers improved UI & UX. New features have been added such as ride mode-based live dashboard, graphical representation and performance parameters. Users can now save addresses, which will come handy when commuting on regular routes.
New TVS Ntorq Race XP
Performance updates
With improvements in gas flow dynamics and combustion, Ntorq 125 Race XP delivers best-in-class 10.2 ps of max power at 7000 rpm. It is the only 125cc scooter in the country to generate more than 10 ps power. Race XP utilizes Race Tuned Fuel Injection (RT-Fi) engine that makes 10.8 Nm at 5500 rpm.
TVS has made this new Ntorq lightweight with the use of alloy steel, high strength steel and advanced engineering polymers. This has allowed faster acceleration and improved fuel efficiency.
Another major upgrade is first-in-segment dual ride mode of Race and Street. Race mode is meant for use on highways and open roads. In this mode, the scooter delivers improved acceleration and can achieve top speed of 98 kmph. The Street mode is for the usual city commutes. It ensures smooth riding experience and improves fuel efficiency.
TVS Ntorq 125 Race XP price
With the updates, TVS Ntorq 125 Race XP is available at a premium price of Rs 83,275. In comparison, existing Ntorq variants are available in the range of Rs 71,095 to Rs 81,075. All prices are ex-showroom, Delhi. More