TVS Motor reports 17% growth at 397,623 units in January 2025 sales – ET Auto

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TVS Motor Company reported a 17% year-over-year sales increase in January 2025, selling 397,623 units compared to 339,513 units in January 2024. This growth was driven by strong performances in two-wheelers, electric vehicles, and exports.

Two-wheeler sales

Total two-wheeler sales rose by 18% to 387,671 units in January 2025, up from 329,937 units in January 2024. Domestic two-wheeler sales saw a 10% increase, reaching 293,860 units in January 2025 compared to 268,233 units the previous year.

Motorcycle sales grew by 12%, from 155,611 units in January 2024 to 174,388 units in January 2025. Scooter sales experienced a more significant jump, increasing by 29% to 171,111 units in January 2025 from 132,290 units in January 2024.

EV and three wheeler sales

Electric vehicle (EV) sales showed substantial growth, rising by 55% to 25,195 units in January 2025, compared to 16,276 units in January 2024. Three-wheeler sales saw a more modest increase of 4%, reaching 9,952 units in January 2025, up from 9,576 units in January 2024.

Exports

TVS Motor Company’s international business also performed well. Total exports increased by 46%, reaching 101,055 units in January 2025, up from 69,343 units in January 2024.

Two-wheeler exports contributed significantly to this growth, with a 52% increase. Sales climbed to 93,811 units in January 2025 from 61,704 units in January 2024.
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