TL;DR
TVS Motor Company reported strong September sales, primarily driven by the exceptional performance of its iQube electric scooter and steady demand for other models.
TVS Motor Company has announced impressive sales figures for September, with its iQube electric scooter emerging as a key growth driver. While the overall two-wheeler market witnessed a moderate recovery, TVS's EV segment demonstrated exceptional performance, contributing significantly to its market share. The iQube, known for its practical range and competitive pricing, continues to attract urban commuters looking for sustainable and efficient mobility solutions. The company also reported steady demand for its premium motorcycle lines, Apache series, and popular commuter bikes. TVS is further strengthening its EV portfolio with planned new launches and an expanded charging network, aiming to capitalize on the increasing consumer shift towards electric mobility. This robust performance underlines TVS's successful dual strategy of catering to both internal combustion engine and electric vehicle markets.