TVS iQube the premium electric scooter from the TVS fold sales have jumped by 77 per cent YOY to touch 4,667 units in June 2022. This is the highest ever sales jump TVS iQube Electric since launch.
Last month, TVS brought in new variants of the iQube with bigger battery pack and longer riding range. The top-spec iQube ST has a claimed riding range of 140 km on a single charge.
TVS New Managing Director Sudarshan Venu speaking at the company AGM confirmed
that TVS and BMW Motorrad are working on an electric two-wheeler platform in the sub 15 kWh range.
The company plans to introduce new electric two-and three-wheelers in the 5-25 kilo watt hour. Over the last several months, TVS has been keen on expanding the reach of the iQube electric scooter across the country and it reflects in its sales for FY2021-22, the company sold more than 10,700 units of iQube.
To tap into Europe’s electric mobility growth, TVS bought the Swiss E-Mobility Group and EGO Movement and they will play a significant role in its expansion plans globally.
Total two-wheelers for TVS registered a growth of 23% in June 2022 with sales increasing from 238,092 units in June 2021 to 293,715 units in June 2022. Domestic two-wheeler registered growth of 33% with sales increasing from 145,413 units in June 2021 to 193,090 units in June 2022.
Motorcycle registered sales of 146,075 units in June 2022 as against 146,874 units in June 2021. Scooter sales of the Company grew from 53,956 units in June 2021 to 105,211 units in June 2022.
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