TVS Motor Sells More than 3.33 Lakh Units in June, Electric Scooter iQube Sales Increase 10 Percent

TVS Motor, one of the largest two-wheeler companies, saw its sales rise by 5% to 3,33,646 units last month. This was 3,16,411 units in the same month last year. The company’s two-wheeler sales rose 6% to 3,22,168 units. Last month, TVS Motor sold 1,52,701 motorcycles. This is a 3% increase compared to the same period last year.

However, the company’s total exports declined to 76,074 units. In the same month last year, TVS Motor had exported 79,144 units. Its three-wheeler sales also declined to 11,478 units. In the first quarter of the current financial year, the company’s two-wheeler sales increased by about 15 percent to 10.56 lakh units. Its electric scooter iQube sold 15,859 units in June. This is an increase of about 10 percent compared to the same period last year.

Recently TVS Motor introduced a new variant of iQube. It has a 2.2 kW battery. Its starting price is Rs 94,999 (ex-showroom). It can be charged from 0-80 percent in about two hours. Sales of electric two-wheelers have increased rapidly in the last few years. The top speed of the new TVS iQube is around 75 kmph. It has a five-inch color TFT screen. This electric scooter has features like vehicle crash and tow alerts and turn-by-turn navigation. It competes with electric scooters like Ola S1 Pro and Hero Vida V1. The 2.2 kW battery variant of TVS iQube is available in Pearl White and Walnut Brown colors.

The company has also started the delivery of iQube ST. It is available in two variants of 3.4 kW and 5.1 kW batteries. Their prices are Rs 1.55 lakh and Rs 1.83 lakh respectively. The 3.4 kW variant of TVS iQube ST has a range of around 100 km on a single charge. It can be charged from 0-80 percent in about three hours. The 5.1 kW variant of this electric scooter is said to have the largest battery pack in its segment. Its range on a single charge is around 150 km. It can be charged from 0-80 percent in four hours and 18 minutes.