TVS Two-Wheeler Sales: December 2021
Modified On Jan 29, 2022 03:56 PM By Team Bikedekho for TVS NTORQ 125
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TVS Apache RR 310 and iQube Electric witnesses a substantial hike in sales
TVS has mostly been among the top five two-wheeler brands when it comes to sales in India. In December 2021, while its electric scooter, the iQube Electric, and its flagship offering, the Apache RR 310, witnessed a considerable increase in sales, some commuter bikes and scooters in TVS's arsenal have failed to perform well. Check out the detailed sales report right here.
Talking about the rapidly growing electric two-wheeler segment, TVS offers the iQube Electric. Sales of the electric scooter have increased by a substantial margin of 73.39 percent over November 2021.
The Apache range has also witnessed a decline in its sales by a considerable margin of 17.27 percent. On the other hand, sales of the company's flagship motorcycle, the RR310, has gone up by a significant 36.89 percent. One of the reasons for this hike could be the new BTO update that the bike has received. The BTO kit allows buyers to customise the sportbike as per their taste.
The TVS Jupiter range consists of the Jupiter 110 and the newly launched Jupiter 125. The month-on-month sales of the Jupiter range and the NTorq have slumped by 13.55 percent and 3.46 percent respectively. Meanwhile, sales of the company's entry-level scooters like the Pep Plus and the Zest have also declined by 2.94 percent and 27.48 percent respectively over November 2021.
Moving to the commuter bikes in TVS's lineup, the monthly sales of the Radeon has declined by a massive 39.93 percent while the TVS Sport has witnessed a decline of 9.87 percent. However, the monthly sales of the Star City Plus has increased by 9.88 percent.
TVS also recently entered the 125cc motorcycle segment with its Raider 125, and as compared to November 2021, sales of the bike have gone up by a healthy 29.75 percent.
Even TVS’ popular XL100 moped has seen a drop in sales. Its numbers declined by 20.13 percent over November 2021.
In related development, the Hosur-based bike maker has recently acquired a 75 percent stake in the E-Mobility Group AG (SEMG), a leading electric bike maker based in Switzerland.