TVS Motor Company reported sales of 2,76,150 units last month compared with 2,81,714 units sold in the corresponding month a year ago. The company’s electric scooters – iQube – saw their highest monthly sales ever last month with a record 15,522 units compared to 2,238 units in February 2022. already present in more than 100 cities across 200 touchpoints. The automaker announced that it is selling more than 10,000 e-scooters for the fourth consecutive month.
The company registered total two-wheeler sales last month of 267,026 units compared to 267,625 units sold in February 2022. In the domestic market, two-wheeler sales recorded a 28% growth with sales number increased from 173,198 units in February 2022 to 221,402 units last month.
Also read: TVS outsold Honda in February 2023 in sales of two-wheelers
Last month, motorcycle sales reached 126,243 units compared to 143,523 units in February 2022 while scooter sales increased 21% with sales increasing from 86,616 units in February 2022 to 104,825 units last month.
The company’s total exports stood at 53,405 units last month compared to 107,574 units in February 2022. Two-wheeler exports stood at 45,624 units last month compared with 94,427 units in the corresponding month a year ago.
In the tricycle category, the company registered sales of 9,124 units last month compared to 14,089 units in February 2022.
In another development, the company’s Apache line has hit the five million-unit mark globally. First launched in 2005, the brand is present in more than 60 countries. The TVS The Apache line builds on the legacy of the company’s factory racing team and has received various upgrades over the years including class-first features such as Race-Adjusted Fuel Injection. (RT-Fi), driving modes, dual-channel ABS, Race-Adjustable Sandal Clutch, SmartXonnect and more.
First published date: March 2, 2023, 11:06 AM IST
