TVS Motor’s July EV sales surge 158% to record 60,934 units

TVS Motor sold 60,934 electric two-wheelers in July, up 158% year on year from 23,605. The jump helped lift total sales 38% to a record 629,675 units, as higher fuel prices supported EV demand.

— Filed Mon, 3 Aug, 2026, 10:04 IST · Source ET Small Business · Updated

TVS Motor’s July electric two-wheeler sales rose 158% to 60,934 units, helping total sales reach a record 629,675. Higher fuel prices boosted Indian EV demand, while TVS also posted record international business sales of 184,264 units.

Why this matters

The EV sales record adds momentum to TVS Motor’s broader growth push, following its Raider Super Squad Edition launch and its shift toward digital-led growth and differentiated brands over discounts.

Retail-company signals are accelerating, up 224733% quarter on quarter.