Page 5 - Tvs Motor

TVS Motor plans to enter electric 3-wheeler cargo vehicle segment in Q4

TVS Motor, a leading player in the two and three-wheeler segment, is planning to make a foray into the electric cargo vehicle space, an official said on Monday. The company, which launched its electric three-wheeler passenger vehicle in the eastern metropolis, is hoping to roll out the cargo variant during the last quarter of the current financial year. "We launched the electric three-wheeler in Kolkata along with UP, Bihar, J&K and Delhi in the passenger segment. The company aims to make a foray into the electric cargo three-wheeler segment during the fourth quarter of the current financial year", TVS Motor's business head, commercial mobility, Rajat Gupta said. He said that the adoption of electric vehicles in the three-wheeler segment is growing. "The market share of TVS in the three-wheeler alternate fuel segment (CNG, LPG and electric) is at ten per cent at the moment and is growing", Gupta said. He said the company manufactures three wheelers at its Hosur plant in Tamil Nadu

TVS Motor Q3 preview: Profit may rise up to Rs 659 cr, Revenue to jump 11%

At 1:40 PM, the TVS Motor share was trading 1.36 per cent lower at Rs 2,239.70. In comparison, BSE Sensex was trading 1.08 per cent lower at 75,369.28 levels

TVS Motor's distributor Ezz LCV launches new assembly line in Egypt

An assembly line to enhance local manufacturing capabilities was inaugurated by Ezz LCV, the authorisied distributor of TVS Motor Company in Giza, Egypt, the two wheeler manufacturer said. Established at an investment of about USD 6.5 million, the state-of-the-art facility would have a total production capacity of one lakh units per year, thereby expanding Ezz LCV's ability to meet growing market demand. According to a company statement, the new assembly line would assemble popular models of TVS Motor Company including TVS Apache RTR Series, TVS HLX Series and TVS XL 100. "By localising production, Ezz LCV aims to improve delivery times, support its extensive dealer network, and provide high-quality motorcycles tailored to Egyptian customer preferences," the statement said. The assembly line leverages TVS Motor Company's globally recognized engineering expertise while allowing Ezz LCV to strengthen its market position in the region. "Congratulations to Ezz LCV on the inauguration

TVS launches King EV MAX electric three-wheeler, targets pan-India rollout

Priced at Rs 2,95,000 (ex-showroom), TVS King EV MAX will be available at select dealerships in the initial phase

South Korean auto major Hyundai partners TVS to roll out e3Ws, micro 4Ws

Hyundai Motor is exploring the potential to offer design, engineering and technology, while TVS Motor will explore manufacturing and marketing of the vehicles

TVS family veteran H Lakshmanan dies at 92 due to age-related ailments

Starting at just twenty years old, Lakshmanan worked closely with TVS Motor founder TS Srinivasan (Cheema), mastering every nuance of the business operations - from legal contracts to labor relations

TVS Motor reports 7% increase in total sales at 321,687 units in Dec 2024

TVS Motor Company on Thursday reported a 7 per cent increase in total sales at 3,21,687 units in December as compared to 3,01,898 units in the same month a year ago. Total two-wheeler sales were up 8 per cent at 3,12,002 units last month as against 2,90,064 units in December 2023, the company said in a statement. Domestic two-wheeler sales were up marginally at 2,15,075 units in December 2024, from 2,14,988 units in the year-ago month. The company said its electric vehicle sales rose 79 per cent last month at 20,171 units as compared to 11,288 units in December 2023. Three-wheeler sales were lower at 9,685 units last month as against 11,834 units in December 2023. Exports registered a 22 per cent increase at 1,04,393 units last month, from 85,391 units in December 2023, the company said.

myTVS enters B2B qcom for automotive parts; promises 2 hour delivery

With a catalogue of over 12 million parts, myTVS will initially establish 50 "dark stores" branded as myTVS Hypermart by March 2025 in Tamil Nadu, Kerala, Maharashtra, and Gujarat

myTVS enters quick commerce for auto parts distribution; to open 250 stores

myTVS, part of the USD 3 billion TVS Mobility Group and a leading digital automotive aftermarket platform, has entered the quick commerce segment for auto parts distribution. The city-headquartered company plans to set up 250 stores branded as myTVS Hypermart across India over the next three years, Managing Director G Srinivasa Raghavan said here on Wednesday. Initially, myTVS will establish about 50 stores by March 2025 in Tamil Nadu, Kerala, Maharashtra, and Gujarat. These stores will leverage AI-driven supply chain technology to ensure minimal returns and deliver the right product at the right place and time, he added. The model operates as a "Supply Chain as a Pipe," introducing a consignment inventory system at partner stores, allowing them to focus on business growth without holding stock, Raghavan told reporters. Following a successful pilot phase, the company has launched the service, which is expected to improve profitability per store and deliver superior returns for part

TVS Motor unveils next-gen RT-XD4 engine platform developed at Hosur centre

TVS Motor Company has unveiled the TVS RT-XD4 engine platform, developed at its research and development center in Hosur, a top official announced on Friday. The TVS RT-XD4 300 will be the first engine to be fully developed on this new platform. "The TVS RT-XD4 is a major milestone, the result of our focus on creating a unique and compelling TVS riding experience. Conceptualised, designed, and developed in-house at our Research and Development Centre in Hosur, the TVS RT-XD4 showcases our engineering and research capabilities," said Sudarshan Venu, Managing Director of TVS Motor Company. The newly developed engine platform features a dual overhead camshaft with a down-draft port, a dual oil pump with a split chamber crankcase, a dual cooling jacket cylinder head with a water jacket, and a dual breather system that prevents oil contamination and reduces oil consumption. "Over the last several years, TVS Motor has set benchmarks in riding excellence, driven by decades of exposure to

Lodha, TVS Motor: 5 rate sensitive shares to bet on ahead of RBI policy

Technical charts suggest that stocks like TVS Motor, Lodha, DLF, Jio Financial Services and Federal Bank can potentially rally up to 19 per cent from present levels.

Markets Today: GDP; Nov Mfg PMI; Dow & S&P 500 at record; FIIs; auto sales

The preceding week ended on a positive note for equity benchmarks. On Friday, the BSE Sensex surged 0.96 per cent to close at 79,802.79, while Nifty also gained 0.91 per cent to settle at 24,131.10

Ola, Bajaj, TVS in head-to-head battle for electric 2W registrations in Nov

Overall sales cross 1 lakh-mark; Ola Electric has a thin lead over its rivals, accounting for 25.09 per cent share of the total registrations, followed by TVS and Bajaj

TVS Motor stock gains on launching TVS Apache RTR 160 4V; more details here

The uptick in TVS Motor share price came after the company announced that it has introduced a refreshed TVS Apache RTR 160 4V with new features and technology

TVS' Srinivasan, Star Health founder launch health insurance product

Plan allows customers to make multiple claims within same policy year

TVS Motor shares up 3% on healthy Sept quarter show; Q2 profit zooms

The rise in TVS Motor share price came on the back of a healthy September quarter of financial year 2025 (Q2FY25) results announced on October 23.

TVS Motor Company Q2 results: Net profit rises 45% to Rs 560.49 cr

The company's revenue from operations was seen up by 14 per cent to Rs 11,301.68 crore in Q2FY25, compared to Rs 9,932.82 crore during the same period of FY24

TVS Motor Q2 results: PAT rises 23.5% to Rs 663 cr, revenue at Rs 9,228 cr

'Jupiter' scooter maker's profit rose 23.5 per cent to Rs 663 crore ($78.86 million) in the quarter ended Sept. 30, which missed analysts' estimate of Rs 697 crore

Q2 results today: HUL, Godrej, TVS Motor among 73 firms to post earnings

Q2FY25 company results: AU Small Finance Bank, Bajaj Finserv, Birla will also be among the 73 companies to released their second quarter results on Oct 23

Unique Indian way of progress needed to become global leader: TVS chairman

India needs to build its "unique Indian way of progress" to position itself as a global leader and a place to go for high quality services and products, TVS Motor Company Chairman Emeritus Venu Srinivasan said on Tuesday. In his address at a symposium organised by Indian Foundation for Quality Management (IFQM), for which he is the Chairman, Srinivasan cautioned that India will continue to lag behind the world if it continued to follow other countries like Germany, the US, Japan, Korea and China. "We (India) have been one of the major economies in the world in the past. 700 years ago we contributed one quarter to the world's economy. We were a central hub of trading, dominating land routes and maritime routes both the West and East," Srinivasan said. He further said,"And from there we today find ourselves at a very low level in terms of our contribution to global trade in goods and services." Elaborating reasons behind establishing IFQM, he said it is "really not about the small Q