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Electric vehicles are not the only solution to reduce pollution, and the auto industry should remain technology-agnostic in its efforts to cut emissions while giving consumers greater choice, TVS Motor Chairman Emeritus Venu Srinivasan said on Monday. "I always believe we have to be agnostic (in technology) and look at the net effect on the country in terms of pollution, quality and environment. So, EV is not the only solution," Srinivasan said on the sidelines of the IFQM Symposium 2026. He said electric vehicles should be allowed to grow organically, with consumer choice playing an important role. In India, EV adoption has been gaining ground, particularly in the three-wheeler and two-wheeler segments. On ethanol blending in petrol, Srinivasan said the policy could help India reduce its dependence on fuel imports, while the impact on vehicle performance has so far been limited. "The degradation in performance is very marginal. I think that should not deter us. After all, the whol
TVS Motor Company said its total vehicle sales grew 24 per cent to 672,790 units in September as against 541,064 units in the same month last year. During the month under review, total two-wheelers registered a growth of 23 per cent to 645,955 units compared with 523,923 units in the same month last year. Domestic two-wheelers sales rose 17 per cent to 482,073 units in September 2026 from 413,279 units in the same month a year ago. Electric two-wheeler sales in September this year more than doubled at 65,799 units in the reporting month from 31,266 units in the corresponding month of 2025, the company said. The company's total sales from international business were up 48 per cent at 180,700 units as against 122,108 units in September 2025, with two-wheeler sales rising 48 per cent to 163,882 units in September as against 110,644 units in the month a year ago. Three-wheelers registered a growth of 57 per cent with sales of 26,835 units last month as against 17,141 units in Septemb
TVS Motor Company Ltd on Tuesday reported a 65 per cent jump in consolidated net profit to Rs 1,057.61 crore in the first quarter ended June 30, 2026, riding on record quarterly sales. The company had posted a consolidated net profit of Rs 642.86 crore in the corresponding period of the preceding fiscal, TVS Motor Company said in a regulatory filing. Consolidated revenue from operations in the first quarter stood at Rs 16,295.52 crore, up from Rs 12,210.05 crore in the year-ago period, it added. Total expenses in the quarter under review were higher at Rs 14,894.22 crore, compared to Rs 11,261.6 crore in the same period a year ago, the company said. During the first quarter, TVS Motor said it registered its highest-ever quarterly sales, with overall two- and three-wheeler sales growing by 28 per cent to 16.3 lakh units, up from 12.8 lakh units in the year-ago period. Motorcycle sales during the quarter under review grew by 19 per cent to 7.4 lakh units, compared to 6.2 lakh units