Home / Business and Economy / TVS EV Sales Skyrocket 36% Amidst Strong Growth
TVS EV Sales Skyrocket 36% Amidst Strong Growth
2 May
Summary
- Total sales increased by 7% to 473,970 units in April 2026.
- Electric vehicle sales saw a significant 36% jump.
- Scooter sales grew by an impressive 24% year-on-year.
TVS Motor Company announced a 7% year-on-year rise in total sales for April 2026, with volumes reaching 473,970 units. This growth was bolstered by an 8% increase in domestic two-wheeler sales, totaling 348,545 units.
The company's electric vehicle segment demonstrated remarkable momentum, with sales climbing 36% to 37,771 units. Scooter sales also experienced significant expansion, growing by 24% to 211,158 units, offsetting a decline in motorcycle sales.
Three-wheeler sales reported a substantial 37% increase, while total exports grew by 3% to 120,008 units. The company's financial performance in Q3 FY26 also showed strength, with a 52% jump in net profit.
