TVS Motor Company Clocks 7% YoY Domestic Two-wheeler Sales, Over 2.70 Lakh Units Sold

TVS Motor Company, the Chennai-based two- and three-wheeler manufacturer, has recorded its two-wheeler domestic market sales of 2,71,140 units in May 2024, an increase of 7 per cent over May 2023's 2,52,690 units. Last month's total sales beat TVS' sales of 3,19,295 units in May 2023, registering a growth of 13 per cent year-on-year (YoY). In May 2024, the company's total two-wheeler sales included 88,450 exports accounting for 33 per cent of TVS' 3,59,590 units. 

Of the total two-wheelers sold in May 2024, scooters and motorcycles contributed 1,45,305 units (up 20 per cent YoY) and 1,73,627 units (up 7 per cent YoY), respectively, while the electric vehicle (EV) retails in May 2024 at 18,674 units constituted 4 per cent YoY growth (May 2023: 17,953 units).

Also Read: TVS Jupiter Clocks Best-ever Sales in FY2024, Over 8 Lakh Scooters Sold

Speaking of EVs, TVS currently retails its two electric offerings in India – the TVS iQube (Rs 1.47 lakh–Rs 1.56 lakh) and the TVS X (Rs 2.50 lakh). The former claims a maximum real-world range of 145km, while the latter delivers a claimed range of 140km. The prices are ex-showroom.

TVS Jupiter Records Best-ever Sales in FY2024

In other news, the Chennai-based manufacturer had sold 8,44,863 units of the Jupiter scooter in FY2024, representing a 16% increase compared to 7,29,546 units sold in FY2023. As of May 2024, the TVS Jupiter's cumulative domestic sales surpassed 6.43 million (64.30 lakh) units since the scooter went on sale in India over a decade ago, and its exports crossed the 80,000-unit mark between FY2014 and FY2024. 

Offered in 110cc and 125cc versions, the Jupiter is currently TVS' best-selling scooter in the company's two-wheeler lineup. It gets two engine options – a 109.7cc single-cylinder and a 124.8cc single-cylinder air-cooled engine, both of which use ETFi (fuel-injection) technology. The former makes 7.77bhp at 7,500rpm and 8.8Nm of peak torque at 5,500rpm, while the latter produces 8bhp at 6,500rpm and 10.5Nm of peak torque at 4,500rpm. 

Also Read: TVS iQube Electric Scooter S, ST and More Variants Explained: Which One Should You Buy?

Price-wise, the TVS Jupiter 110cc currently ranges from Rs 73,340 for the base model to Rs 89,748 for the top-spec Jupiter Classic. Meanwhile, the TVS Jupiter 125 is priced from Rs 86,405 for the Drum-Alloy variant to Rs 96,855 for the SmartXonnect. All prices are ex-showroom.