Business Business: TVS Motor published sales data for September. Last month, the company’s total domestic and export sales grew by 20%. The company sold 4.82 million vehicles last month. This figure was 4.02 lakh in the same month last year. At the same time, the company’s exports registered an increase of 11% to 1.11 lakh tonnes. At the same time, the company’s total two-wheeler sales grew 22% from 3.86 lakh units in September 2023 to 4.71 lakh units last month.
The iQube electric scooter also performed well for the company last month. The company delivered 28,901 electric vehicles to dealers last month. While this number was 20,356 in the same period last year. This means that the demand for electric scooters has increased by 42%. However, in terms of sales, IQpub sold 17,865 units. While Ola Electric, which stood first, sold 23,965 units and Bajaj Chetak sold 18,933 units. iCube also plays an important role in the growth of the company.
It is equipped with a 5.1 kWh battery with a range of 140 km. TVS iQube offers an interactive 5-way joystick, music control, proactive vehicle status notifications, 4G telematics and OTA updates. The scooter comes with personalization themes, voice assistant and Alexa. It supports 1.5 kW fast charging. Its SmartConnect platform offers features like advanced navigation system, telematics device, anti-theft and geo-fencing.
