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Live+34 todayUpdated 1h ago

TVS Motor Sales Surge 29% in January 2026, Led by 50% EV Growth

TVS Motor Company sold 511,766 vehicles in January 2026, a 29% increase year-over-year, with electric vehicle sales up 50%.

Total sales

511,766 units

EV sales growth

50%

Three-wheeler sales growth

77%

What Happened

TVS Motor Company reported total sales of 511,766 units in January 2026, a 29% increase from 397,623 units in January 2025. Two-wheeler sales grew 28% to 494,195 units, while three-wheeler sales surged 77% to 17,571 units. Electric vehicle sales rose 50% to 37,756 units. International business also saw growth, with total exports up 21% to 122,343 units.

Segment Growth (Year-over-Year)
  • Two-wheelers: +28%
  • Motorcycles: +26%
  • Scooters: +30%
  • Electric vehicles: +50%
  • Three-wheelers: +77%
  • Exports: +21%

Why this matters

The strong sales growth highlights TVS Motor's expanding market share in both domestic and international markets, especially in the fast-growing electric vehicle segment.

Terms in This Story

Two-wheeler
A vehicle with two wheels, such as a motorcycle, scooter, or moped.
Three-wheeler
A vehicle with three wheels, often used for passenger or goods transport.
Electric Vehicle (EV)
A vehicle powered by an electric motor using energy stored in batteries.
Year-over-year (YoY)
A comparison of a statistic for one period with that of the same period the previous year.
Read Original: TVS Motor Company

Summarised from the linked release; details can be imperfect — always verify against the original source.