TVS Motor Sales Surge 17% in May 2025; EV Sales Jump 50%
By HDFC SKY | Updated at: Jun 1, 2025 05:48 PM IST
Bengaluru, June 1, 2025 — TVS Motor Company (NSE: TVSMOTOR, BSE: 532343) reported robust growth across segments in May 2025, registering a 17% year-on-year increase in total sales. The company sold 431,275 units, up from 369,914 units in May 2024, reflecting strong domestic performance and a significant rebound in exports.
Key Financial and Sales Highlights
| Category | May 2025 Units | May 2024 Units | YoY Growth |
|---|---|---|---|
| Total Sales | 431,275 | 369,914 | +17% |
| Two-Wheelers (Total) | 416,166 | 359,590 | +16% |
| Domestic 2-Wheelers | 309,287 | 271,140 | +14% |
| Motorcycles | 211,505 | 173,627 | +22% |
| Scooters | 166,749 | 145,305 | +15% |
| Electric Vehicles | 27,976 | 18,674 | +50% |
| Total Exports | 118,437 | 96,966 | +22% |
| 2-Wheeler Exports | 106,879 | 88,450 | +21% |
| Three-Wheelers (Total) | 15,109 | 10,324 | +46% |
| EV Three-Wheelers | 1,829 | N/A | — |
Segment-Wise Performance
- Motorcycles remained the growth driver with a 22% YoY rise, backed by domestic demand and improved export orders.
- Scooters recorded a 15% YoY growth, maintaining a steady upward trajectory.
- Electric Vehicles saw a substantial 50% jump, highlighting the company’s strengthening foothold in the EV segment, though management flagged supply chain challenges, particularly in magnet availability.
- Three-wheelers posted an impressive 46% rise, including 1,829 units of electric 3-wheelers—a notable milestone in commercial EV adoption.
International Business on the Rise
TVS exported 118,437 units in May 2025, a 22% increase YoY, as global demand rebounded. Two-wheeler exports contributed 106,879 units, up by 21%, reaffirming the company’s growing presence in international markets.
Strategic Commentary
TVS Motor continues to benefit from diversified product lines, robust domestic positioning, and expanding EV capabilities. Despite short-to-medium-term concerns around EV component supply, particularly magnets, the company’s momentum remains intact.
About the Company
TVS Motor Company is a leading global manufacturer of two- and three-wheelers, with operations in over 80 countries and manufacturing bases in India and Indonesia. It is the only two-wheeler manufacturer to receive the prestigious Deming Prize. Subsidiaries include Norton Motorcycles (UK), Swiss E-Mobility Group, and EGO Movement, enhancing its footprint in premium and e-mobility markets.
With its consistent performance and expanding international footprint, TVS Motor remains well-positioned to capitalize on emerging mobility trends and growing demand across segments.
REF:https://nsearchives.nseindia.com/corporate/TVSMOTOR_01062025134957_NSEBSEIntimation.pdf
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. Every effort is made to ensure the accuracy, relevance, and timeliness of the information provided. However, inadvertent errors or omissions may occasionally occur.
Should you have any concerns, queries, or wish to point out any discrepancies in our content, please write to us at content@hdfcsec.com. Your feedback is valuable and helps us maintain the highest standards of content integrity.
Please note that the information shared is intended solely for informational purposes and should not be construed as investment advice. Users are advised to consult their financial advisors before making any investment decisions.
