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TVS Motor Company on Saturday reported a 7 per cent growth in total sales at 4,73,970 units in April 2026 as against 4,43,716 units in the same month last year. Total two-wheeler sales grew 6 per cent at 4,55,333 units last month as against 4,30,150 units in April 2025, TVS Motor Company said in a statement. Domestic two-wheeler sales were at 3,48,545 units in April 2026 as against 3,23,647 units a year ago, up 8 per cent. The company said its motorcycle sales last month were down at 2,00,039 units as against 2,20,347 units in April 2025, while scooters registered a growth of 24 per cent at 2,11,158 units as compared to 1,69,741 units. Electric vehicles saw 36 per cent increase at 37,771 units last month as compared to 27,684 units a year ago. Three-wheeler sales were up 37 per cent at 18,637 units in the month under review as against 13,566 units in the year-ago period. TVS Motor Co said its total international business sales clocked a 3 per cent rise at 1,20,008 units in April
Two and three wheeler maker TVS Motor Company has expanded its electric vehicle portfolio with the launch of electric scooter TVS Orbiter V1 equipped with 1.8 kWh battery, a top official said on Thursday. The Chennai-headquartered company had launched TVS Orbiter in 2025 and with today's launch, the range would be available in two variants - "Orbiter V1" with 1.8kWh battery and "Orbiter V2" with 3.1 kWh battery. The Orbiter V1 will be available at Rs 49,999 (ex-showroom Delhi) which includes Battery-As-A-Service (BaaS) model. Customers opting for without Battery-As-A-Service, the vehicle is offered at Rs 84,500 (ex-showroom Delhi), a press release said on Thursday. The Battery-As-A-Service model lowers the upfront cost, long term battery assurance to customers. The introduction of BaaS model, allows the customers to subscribe to battery usage instead of paying the full battery cost upfront, the company said. This BaaS model separates the vehicle price from the battery cost, helping
The two-wheeler industry has the potential to grow at 8-9 per cent CAGR in the long term, drawing from the momentum of GST rate cut, government's spending on infrastructure and overall growth of the economy, according to TVS Motor Company CEO KN Radhakrishnan. The first half of the next year is also expected to be "very good" in terms of sales growth, as the benefits of the GST rate cut will continue to come into the industry, he told analysts. "Overall, I'm a firm believer that 8 per cent to 9 per cent as a CAGR, you can look at on a long-term basis...," Radhakrishnan said when asked about the growth prospects of the two-wheeler industry for the next fiscal on the back of strong performance in Q3. In Q4, the benefit of the GST rate cut, which was implemented on September 22 last year, will be seen, he added. "The first half of the next year (fiscal) is also going to be very good because the benefits will come into the industry," he noted. While not sharing an exact forecast for t