Hyundai Motor Company (Hyundai Motor) and TVS Motor Company Ltd. (TVS Motor) have signed a Joint Development Agreement (JDA) to advance the development and commercialization of innovative Electric Three-Wheeler (E3W) solutions designed specifically to address India's last-mile mobility needs.

Hyundai Motor Company and TVS Motor Company sign Joint Development Agreement to deliver and commercialize electric three-wheelers in India and additional markets

The partnership formalized following the successful presentation of the E3W concept at the Bharat Mobility Global Expo 2025, represents a significant step towards bringing tailored mobility solutions to Indian consumers and reinforces both companies' commitment to sustainable urban transportation.

Under the agreement, Hyundai Motor will lead the design of and co-develop the E3W by leveraging its research and development expertise, advanced mobility technologies and human-centric design approach.

“Hyundai Motor Company has long explored ways to contribute to improving India’s transportation environment as a key market, and our collaboration with TVS Motor is a strategic decision rooted in that effort. We hope the co-developed E3W enables broader access to safer and more sustainable transportation for people across the country,” – Joongsun Ko, Senior Vice President of Corporate Strategy & Planning at Hyundai Motor Company.

The E3W will be engineered to address India's unique mobility challenges while delivering sustainable solutions aligned with local road conditions and urban infrastructure.

TVS Motor will co-develop the product using its leading-edge electric platform, extensive three-wheeler engineering expertise and deep local market knowledge. Leveraging its long legacy of trust and quality focus, TVS will also lead local sales, with its manufacturing operations in India catering to Indian market demand and future exports. 

Commenting on the development, Sharad Mishra, President, Group Strategy, TVS Motor Company, said, “At TVS Motor Company, we aim to transform quality of life through sustainable and accessible mobility. The Joint Development Agreement marks an important step in our partnership with Hyundai Motor Company and advances our shared ambition to develop electric three-wheeler solutions. By bringing together complementary strengths - including our electric three-wheeler platform, engineering expertise, and deep understanding of customer needs - we are well-positioned to deliver purpose-built products for India and additional markets. This collaboration reinforces our commitment to scalable, sustainable last-mile mobility while setting new benchmarks in technology, quality, customer experience, and a legacy of trust."

Both companies are committed to delivering the first vehicle in India - the world’s largest three-wheeler market - as part of the JDA marking a significant milestone in sustainable last-mile mobility innovation.

A cornerstone of this partnership is the commitment to localize component manufacturing for the E3W model’s production. Major components will be sourced and manufactured locally within India. This strategic approach serves multiple objectives: it strengthens India's automotive supply chain ecosystem, creates employment opportunities, reduces overall vehicle costs and ensures rapid after-sales support and spare parts availability for end customers.

From Concept to Reality

The E3W concept unveiled at Bharat Mobility Global Expo 2025 showcased innovative features tailored to Indian mobility challenges. These include adaptive ground clearance for monsoon-affected roads, enhanced safety features, ergonomic design for extended commutes, enhanced thermal management for tropical climates and flexible interior configurations for multiple use cases – from passenger transport to goods delivery and emergency services.

The agreement formalizes the transition from concept exploration to concrete product development and mass production. The vehicle will undergo rigorous testing, localization refinement and certification processes to meet Indian regulatory standards and customer expectations. 

Hyundai Motor's vision of "Progress for Humanity" extends to reimagining mobility solutions for emerging markets. By combining the company’s global engineering excellence with TVS Motor's unparalleled understanding of electric mobility and Indian customers, this partnership is positioned to deliver an E3W offering that balances technology, affordability, sustainability and safety. Aligned with TVS Motor’s vision of transforming quality of life across the world through mobility solutions that are exciting, responsible, sustainable and safe, this product is set to drive the change that the India of tomorrow needs.

Both companies have established dedicated cross-functional teams to accelerate development timelines and the regulatory approval processes.

About TVS Motor Company
TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 
 

About Hyundai Motor Company
Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision ‘Progress for Humanity,’ Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Advanced Air Mobility (AAM) to bring about revolutionary mobility solutions while pursuing open innovation to introduce future mobility services. In pursuit of a sustainable future for the world, Hyundai will continue its efforts to introduce zero-emission vehicles with industry-leading hydrogen fuel cell and EV technologies.

More information about Hyundai Motor and its products can be found at: www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai
 

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The ‘Born Out of Line’ Yezdi Roadster from Jawa Yezdi Motorcycles has won the “Bike Design of the Year” award from car&bike, adding another major recognition to the motorcycle’s growing list of honours. Earlier this year, the Roadster was also named the “Best 350cc Motorcycle” at the Zee Media Auto Awards. 

Yezdi Roadster wins ‘Bike Design of the Year 2026’ award at car&bike awards 2026

Boman Irani, Co-founder of Classic Legends, received the award from renowned automotive designer Thomas Dal, Dean of Strate School of Design India. The honour recognises the Roadster’s bold reinterpretation of the classic roadster with a ‘Born Out of Line’ design built around a planted silhouette, muscular proportions and modular versatility.

The company’s design-first approach pushed the Yezdi Roadster beyond predictable retro templates. Designed to be long, low, planted, and unapologetically defiant, the motorcycle blends the stance of a cruiser with the ergonomics and everyday usability of a roadster. The 12.5-litre sculpted fuel tank is a nod to Yezdi’s decades-long visual lineage and reinforces the motorcycle’s muscular road presence. With the liquid-cooled 350cc Alpha2, first-in-segment 6-speed gearbox, and assist & slipper clutch under the hood, the Roadster design also keeps rider-comfort front and centre: It boasts an accessible seat height, ample ground clearance, and relaxed ergonomics.

Boman Irani, co-founder of Classic Legends, said, “Recognition from car&bike carries weight, especially when it comes to design. The Yezdi Roadster was created by deliberately rethinking classic proportions while staying true to Yezdi’s rebellious character, a philosophy that’s defined the brand since the 1970s. As the only India-born classic motorcycle marque, Yezdi has always challenged the mould. The Roadster reflects that spirit. Its design can shift effortlessly from the stealthy modern Shadow Black to the retro Red Wolf. That versatility is exactly what we set out to achieve.”

The standout design innovation was the Yezdi Roadster’s modular seating, which allows riders to switch between a single-seat bobber setup and a dual-seat touring configuration in minutes, without compromising aesthetics. The design team engineered the rear section so that when the pillion seat is removed, the motorcycle retains a clean, finished bobber look with no exposed bolts, an area where many modular cruiser designs fall short. 

Akhilesh Manchandani, Head, Concept Design, Jawa Yezdi Motorcycles, said, “The design brief was simple to say but challenging to execute: Building a motorcycle that feels rebellious and planted, yet stays practical for everyday riding. The modular rear seat was the toughest piece of the puzzle. Whether running solo as a bobber or with a pillion, the Yezdi Roadster looks clean and finished. This award is a recognition of such attention to detail and the team’s effort to push classic motorcycle design a little further.”

Yezdi Roadster’s key design elements:

• Standout cruiser-inspired stance: A long, planted silhouette that delivers the visual drama of a cruiser while maintaining comfortable roadster ergonomics for everyday riding. 

• Sculpted heritage fuel tank: A reinterpreted teardrop tank , with the Parsi Faravahar insignia anchors the motorcycle visually while linking it to the brand’s historic design language. 

• Wide rear stance: A redesigned rear section with one of the widest rear tyres in the segment, giving the motorcycle its planted look and commanding road presence. 

• Chopped rear fender: A tight, tyre-hugging rear fender that enhances the low-slung profile and, when paired with a single seat, delivers a clean bobber-like aesthetic. 

The award-winning design principle is also reflected in the Shadow Black edition, one of the Roadster’s most sought-after variants. Rather than simply blacking out visible parts, the design team focused on achieving a true all-black aesthetic, carefully eliminating chrome and silver elements across the motorcycle, down to small details like fuel caps and hardware finishes. The result is an ultramodern stealth look rarely achieved in the category, where many motorcycles still retain exposed metallic elements.

With its muscular proportions, thoughtful modularity and fearless attention to detail, the Yezdi Roadster proves that classic motorcycles can still surprise, and that design innovation often lies in how a machine’s stance, proportions and usability come together. The ‘Born Out of Line’ motorcycle channels Yezdi’s bold and wild personality by allowing riders to shape the motorcycle around their personality and is available from Rs. 196,000 (Ex-showroom) upwards at authorised dealerships across the country.

Ownership Assurance Programme for every rider
The Yezdi Roadster is supported by Jawa Yezdi Motorcycles’ industry-first Ownership Assurance Programme, prioritising customer satisfaction and hassle-free ownership. It includes:

• 4-year/50,000-km standard warranty*

• Extended warranty options for up to 6 years*

• Up to 8 years of roadside assistance*

• Up to 5 years AMC with nationwide coverage*

• Comprehensive ownership benefits across 450+ sales and service touchpoints nationwide

*Conditions apply.

About Classic Legends Pvt. Ltd
Classic Legends Pvt. Ltd. was founded with a vision to reintroduce iconic motorcycle brands in India & international markets. The company currently boasts an elaborate portfolio constituting Jawa, Yezdi & BSA marquee brands. It aims to bring consumers a quintessential motorcycling lifestyle experience by co-creating exciting product and service offerings within its motorcycling ecosystem and bringing back renewed fervour into the performance-classic motorcycle market.

Elie Luskin, Vice President for India and China at Mobileye
 

The ADAS Test City at ARAI represents India’s first dedicated track designed exclusively for ADAS testing and validation, enabling structured evaluation of safety technologies tailored to the country’s diverse and complex road environment. The facility is expected to play a pivotal role in accelerating ADAS adoption and strengthening road safety outcomes across vehicle segments. The 2026 edition of The ADAS Show features Mobileye and HERE Technologies as key partners, reinforcing the event’s stature as a globally relevant forum for intelligent mobility.
 

Elie Luskin, Vice President for India and China at Mobileye, commented on the significance of the launch, stating, “The successful launch of India’s first dedicated ADAS testing track by ARAI marks a major milestone, underscoring the market’s commitment to scaling ADAS adoption and improving road safety.”
 

At the event, Luskin will deliver a keynote address outlining Mobileye’s global technology roadmap and its relevance to India’s mobility ecosystem. Additionally, Dhairyashil Gaekwad, Director - Business Development & Strategy, India at Mobileye, will participate in a panel discussion examining ADAS adoption across different vehicle segments in the Indian market.
 

HERE Technologies will present its latest mapping and localisation innovations through live demonstrations at the ADAS Test City. Attendees will experience HERE’s real-time localisation and high-definition mapping capabilities during on-track ADAS demonstrations, including HERE HD Live Map, HERE ISA Map, C-V2X and cloud-based localisation solutions.
 

Commenting on the collaboration, Abhijit Sengupta - Senior Director & Head of Business, India & Southeast Asia, HERE Technologies stated, “We’re honoured to partner with ARAI on this transformative initiative. The ADAS Test City is a cornerstone in India’s path toward intelligent mobility and HERE’s high-definition maps and localisation technologies are key enablers of safe, reliable and context-aware driving experiences. Together with ARAI, we aim to empower automakers, tier-1s and developers to localise, test and scale ADAS capabilities that truly reflect India’s diverse road ecosystem.”
 

The ADAS Show has emerged as India’s most prestigious and widely covered platform for ADAS and autonomous vehicle technologies. Recognised as the largest gathering of OEMs, Tier-1 suppliers, technology companies and regulators in the future mobility space, it remains the only event in India to offer live, real-world testing on a track purpose-built for ADAS validation.

About The ADAS Show
The ADAS Show is India’s premier platform dedicated to Advanced Driver Assistance Systems and autonomous vehicle technologies. The event brings together the automotive ecosystem to enable knowledge exchange, live technology demonstrations, and real-world testing. With strong participation from OEMs, Tier-1 suppliers, technology leaders, and regulators, The ADAS Show plays a critical role in shaping the future of automotive safety and intelligent mobility in India.

International Business
The Company's total exports registered a growth of 21% with sales increasing from 101,055 units in January 2025 to 122,343 units in January 2026. Two-wheeler exports grew by 18% with sales increasing from 93,811 units in January 2025 to 110,933 units in January 2026.

Three-Wheeler
Three-wheeler registered a growth of 77% with sales increasing from 9,952 units in January 2025 to 17,571 units in January 2026.
 

About TVS Motor Company
TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

For more information, please visit www.tvsmotor.com

Jawa-Yezdi-BSA Nomads Kommuniti's The Republic Ride

The Republic Day rides, Nomads for Unity in Diversity, stretched across regions and cultures, from Jammu to Tamil Nadu, Gujarat to Manipur, reflecting India’s vast geography united by a single passion for performance classics from Jawa, Yezdi and BSA. The love for these motorcycles brought together more than 2,000 riders, representing over 20 independent riding communities and more than 150 dealership-led riding groups, spanning different age groups, professions, and riding styles.

In a rolling expression of continuity, seasoned riders rode alongside first-time tourers, and legacy machines flanked modern-day performance classics from brands Jawa, Yezdi and BSA. The independent communities and dealership-led riding groups will now be further unified by Classic Legends’ riding collective called ‘Nomads’, consolidating all the brands’ riding groups on the brands’ common website.

Spanning riding communities across Jawa, Yezdi, and BSA, Nomads is designed to be their shared identity that cuts across the brands, regions, and choice of ride. Built by riders, and not by campaigns, Nomads epitomises the inclusiveness, independence, and joy of riding with one’s tribe. It made Republic Day a fitting celebration to launch the Nomads website nationally. The page will make finding the riding club closest to the rider easy and facilitate riding out with their tribe more often.

Anupam Thareja, Co-founder, Classic Legends, said, “At the heart of motorcycling lies the urge to seek out your own brand of freedom. Our performance classics are designed for that quest. But there is a deeper longing that defines motorcycling across generations, especially in these alienating times of digital overload – the urge to belong. While some days are about riding for yourself, Republic Day is about riding together. The annual rides of Jawa, Yezdi and BSA on this day unites different riders to ride out as a close-knit tribe. This year, we are celebrating them by doing more than sharing their stories. We are going live with our community page, Nomads, which lets each of our riders, old and new, find a riding community near them. The name for our riding collective recognises the urge to test boundaries and yet, belong together for a shared purpose, which could simply be the love of motorcycling.”

In addition to the Nomads page launch, rider stories from across the country were shared in real-time on the Jawa Yezdi and BSA Motorcycle social media handles throughout the day, saluting the spirit of riding with fellow Nomads.

The Republic Day rides are an annual tradition for Nomads, the Jawa, Yezdi and BSA riding communities. This year marks a larger, more unified Nomads presence, deeper collaboration with independent communities, and the launch of the Nomads platform, built to sustain that momentum well beyond community rides throughout the year.

About Classic Legends Pvt. Ltd. & BSA Motorcycles

Classic Legends Pvt. Ltd. was founded with a vision to reintroduce iconic motorcycle brands in India & international markets. The company currently boasts an elaborate portfolio constituting Jawa, Yezdi & BSA marquee brands. It aims to bring consumers a quintessential motorcycling lifestyle experience by co-creating exciting product and service offerings within its motorcycling ecosystem and bringing back renewed fervour into the performance-classic motorcycle market.

www.jawayezdimotorcycles.com/

www.facebook.com/yezdiforever/

www.facebook.com/jawamotorcycles/

x.com/jawamotorcycles

twitter.com/yezdiforever

www.bsamotorcycles.in/

www.facebook.com/p/BSA-Motorcycles-India-61561313586811/

x.com/bsamotorcyclein?lang=en

The Company’s Operating EBITDA grew by 51% at Rs.1,634 Crores for the third quarter of 2025-26 as against EBITDA of Rs. 1,081 Crores in third quarter of 2024-25. The Company’s Operating EBITDA margin for the quarter is highest at 13.1% as against normalised Operating EBITDA margin of 12.4% in the third quarter of 2024-25. The Company’s PBT before exceptional items grew by 57% at Rs. 1,315 Crores for the third quarter of 2025-26 as against PBT of Rs. 837 Crores in third quarter of 2024-25.

Sales

The overall two-wheeler and three-wheeler sales including international business grew by 27% registering highest ever quarterly sales of 15.44 Lakh units in the quarter ended December 2025 as against 12.12 Lakh units in the quarter ended December 2024. Motorcycle sales grew by 31% registering 7.26 Lakh units in the quarter ended December 2025 as against 5.56 Lakh units in the quarter ended December 2024. Scooter sales for the quarter ended December 2025 grew by 25% registering 6.14 Lakh units as against the sales of 4.93 Lakh units in the third quarter of 2024-25. The two-wheeler sales in international business grew by 35% at 3.66 Lakh units in the quarter ended December 2025 as against 2.72 Lakh units in the quarter ended December 2024. Total three-wheeler sales for the quarter under review grew by 106% at 0.60 Lakh units as against 0.29 Lakh units during third quarter of 2024-25.

EV Sales

During the quarter under review, the Company’s EV sales grew by 40% achieving highest ever quarterly sales of 1.06 Lakh units in the quarter ended December 2025 as against 0.76 Lakh units during quarter ended December 2024.

Cumulative nine months results

Operating revenue grew by 29% at Rs. 34,463 Crores for nine months ended December 2025 as against Rs. 26,701 Crores for the nine months ended December 2024.

The Company’s Operating EBITDA grew by 41% at Rs. 4,406 Crores for nine months ended December 2025 as against EBITDA of Rs. 3,121 Crores for the nine months ended December 2024. The Company’s PBT before exceptional items grew by 43% at Rs. 3,594 Crores for the nine months ended December 2025 as against Rs. 2,517 Crores during nine months ended December 2024. The Company’s PAT for the nine months ended December 2025 is at Rs. 2,625 Crores as against Rs. 1,858 Crores during nine months ended December 2024.

Sales

The Company’s two-wheeler and three-wheeler sales including international business grew by 23% registering 43.28 Lakh units in the nine months ended December 2025 as against 35.27 Lakh units registered in the nine months ended December 2024. Motorcycle sales grew by 24% registering 20.19 Lakh units in the nine months ended December 2025 as against 16.31 Lakh units in nine months ended December 2024. Scooter sales for the nine months ended December 2025 grew by 25% registering 17.52 Lakh units as against the sales of 14.02 Lakh units in the nine months ended December 2024. The two-wheeler sales in international business grew by 35% at 10.47 Lakh units in the nine months ended December 2025 as against 7.78 Lakh units in the nine months ended December 2024. Total three-wheeler sales is at 1.59 Lakh units for the nine months ended December 2025 as against 0.98 Lakh units during nine months ended December 2024. Electric vehicles grew by 26% registering sales of 2.56 Lakh units for the nine months ended December 2025 as against 2.03 Lakh units during the nine months ended December 2024.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

For more information, please visit www.tvsmotor.com.

MATTER - TechUp3.0 - The New Continuum

With this announcement, MATTER positions intelligence not hardware alone as the defining layer of the next generation of two-wheelers. The AIDV platform establishes a scalable technology and product roadmap spanning multiple products over the next 36–48 months, while establishing MATTER as a proven long-term leader in performance, efficiency, safety, and lifecycle value, with alternate materials as a complementary key initiative in building sustainable, future-ready vehicles.

A Defining Moment for Indian Two-Wheelers

With Technology Day 3.0, MATTER positioned itself not merely as an EV manufacturer, but as a deep-technology company redefining how two-wheelers are conceived, engineered, and evolved ahead of time. The unveiling of the AIDV platform marks a decisive inflection point, signalling a structural shift in how electric two-wheelers are built, experienced, and taken into the future.

AIDV: Redefining the Architecture of Two-Wheelers

MATTER emphasised that AIDVs are not incremental upgrades over existing electric architectures. They represent a fundamental re-architecture ahead of field where intelligence actively governs how materials, energy, power, and control systems behave in real-world conditions.

Unlike mechanically defined vehicles (MDVs), where performance and behaviour are fixed at the time of production, or electronically defined vehicles (EDVs), where control improves through electronics, and software-defined vehicles (SDVs)—such as MATTER AERA, which represents an SDV architecture with vehicle functions and behaviours defined and upgraded through software—AIDVs continuously evolve across the entire vehicle lifecycle.

Intelligence sits at the core, enabling consistent real-world performance and energy efficiency, predictive reliability with lower lifetime ownership costs, continuous capability expansion through software, and deep personalisation with adaptive ride behaviour tech forward by design.

As vehicles transition from Mechanical → Electronic → Software → Intelligence-Driven, MATTER aims to set the benchmark for the next generation, ahead of time where materials, machines, and intelligence operate as a single, adaptive system.

This approach enables electric two-wheelers to move beyond traditional constraints of energy density, thermal management, and power delivery—positioning them not merely as alternatives to fossil-fuel vehicles, but as a new reference point for the category, ahead of field.

Innovation That Already Matters: AERA as SDV 1.0

MATTER highlighted that this transition did not begin today. With AERA, the company has already delivered multiple industry-first paradigm shifts:

• Hypershift™ gearbox, redefining rider control and engagement in EVs,

• Liquid-cooled motor and battery, breaking long-standing thermal ceilings in E2Ws

• Deeply embedded control systems, integrating FOC into CLA

• Cell and pack innovations, enabling improved repairability, laser-welded integrity, and higher power density

• MATTER reiterated that AERA is already an SDV 1.0 platform, proven, with every OTA release enhancing vehicle character and capability on unchanged hardware.

From Software-Defined to AI-Defined Vehicles

While Software-Defined Vehicles digitised vehicles through connectivity and updates, MATTER’s AIDV architecture introduces a deeper shift, tech forward intelligence embedded directly into control and decision layers.

Here, intelligence governs how motors adapt torque and efficiency in real time, how batteries age and protect themselves, how thermal systems manage stress rather than derate performance, and how vehicles predict faults, adapt behaviour, and improve over time.

This allows MATTER to manage rising system complexity without slowing development—turning engineering depth into a proven long-term competitive advantage.

Materials, Reimagined—and Governed by Intelligence

MATTER underscored that the next decade will be defined not only by AI, but equally by new materials—and by intelligence that understands and governs those materials, ahead of time.

Key breakthroughs include rare-earth-free motor architectures, adaptive variable flux drives, advanced semiconductor and sensor strategies, and cell-level intelligence unlocking industry-leading battery life and consistency.

By embedding intelligence into how materials behave—not just how they are selected—MATTER unlocks new benchmarks in efficiency, longevity, and customer experience, ahead of field.

Domain-Integrated Compute & Intelligence at Scale

MATTER detailed its domain and zonal integration strategy, optimising compute across the vehicle rather than distributing intelligence across isolated controllers—tech forward in execution. This balances edge and cloud intelligence, enabling higher performance, lower latency, and scalable complexity without hardware sprawl.

Speaking at the event, Mohal Lalbhai, Founder and Group CEO, MATTER, said: “Two-wheelers have been mechanically defined for decades. Intelligence-Driven Vehicles change that permanently. When intelligence governs materials, energy, and control—not just software—we unlock vehicles that continuously outperform their own starting point. This is not an EV transition. This is a category reset.”

Kumar Prasad Tellikepalli, Founder and Group CTO, MATTER, added, “Intelligence is the only way to scale complexity without slowing innovation. AIDVs allow us to compress development cycles, improve first-time-right outcomes, and build vehicles that learn from every kilometre ridden—while introducing a new approach to materials, where intelligence governs how materials behave, age, and perform in real-world conditions. This is how engineering depth becomes a proven compounding advantage.”

The future of two-wheelers is not electric alone.
It is intelligent.

Five-Segment Product Expansion Strategy (36–48 Months)

MATTER announced a five-segment expansion roadmap, all built on a common AI-defined hardware, software, compute, and data backbone:

• Naked Street Motorcycles

• Street Fighter Motorcycles

• Adventure (ADV) Motorcycles

• Youth-Focused Commuter Motorcycles

• Electric Scooters

This strategy enables MATTER to address the majority of India’s two-wheeler demand spectrum through a core, scalable technology platform.

Long-Term Technology Leadership

MATTER reported 400+ technology innovations supported by 97 granted patents, reinforcing the company’s proven long-term intellectual property defensibility and deep-technology foundation.

With the AIDV platform, MATTER has laid out a clear direction: to lead the transition from mechanically defined motorcycles to AI-defined electric motorcycles, ahead of time, setting new benchmarks for performance, reliability, and ownership experience.

For more information, please visit: www.matter.in.

Aptiv PLC (NYSE: APTV), a global industrial technology company, today announced that a leading commercial vehicle OEM (Original Equipment Manufacturer) has selected its Gen 6 Advanced Driver Assistance System (ADAS) to equip its future trucks and buses in India. 
 

Gen 6 ADAS platform will scale across the broad commercial vehicle lineup, covering 14 models and more than 30 variants
 

This partnership marks Aptiv’s first collaboration with an Indian commercial vehicle OEM on ADAS. It comes as the industry prepares for yet to be rolled out 2027 regulations requiring new trucks and buses to include safety features such as automatic emergency braking, lane departure and blind spot warnings and pedestrian and obstacle detection when starting from a stop.

To meet these requirements, commercial vehicle OEMs face unique challenges. They must integrate advanced safety technologies across diverse vehicle types and powertrains, address larger blind spots, and ensure reliability in harsh environments. Validation standards are more demanding than for passenger cars due to heavy-duty driving cycles, longer operating hours, and greater exposure to vibration and challenging road conditions.

“We are ready to play a leading role in helping OEMs in India meet demanding real-world conditions by introducing advanced, cost-effective safety solutions tested and tailored to local needs,” said Javed Khan, Executive Vice President and President, Intelligent Systems, Aptiv. “By combining globally proven technologies - already deployed in millions of vehicles across Europe, North America, and Asia Pacific - with intelligent adaptations for the local commercial vehicle segment, we enable OEMs to rapidly deliver advanced safety technology for one of the world’s fastest-growing markets.”

Scalable, High-Performance Safety for Diverse CV Fleets

Built on a uni-voltage architecture, the Gen 6 ADAS platform will scale across the broad commercial vehicle lineup for this OEM, covering 14 models and more than 30 variants.
 

Perception will be powered by Aptiv’s newly launched Gen 8 radar and Gen 7 smart camera, featuring STRADVISION’s AI-based vision technology specifically tailored for Indian road conditions - including detection of three-wheelers, large animals, and vulnerable road users such as pedestrians, road workers, and cyclists.

As part of an integrated solution, these advanced sensors and software will deliver industry-leading performance while reducing system complexity compared to conventional configurations. The platform leverages Aptiv’s modular ADAS software - already in production on more than 40 million vehicles globally - with support for over-the-air updates to add features and improve performance over time, enabled by Aptiv’s LINC™ Software Platform and Wind River’s VxWorks® real-time operating system (RTOS).

This partnership reinforces Aptiv’s long-term commitment to India’s rapidly growing passenger and commercial vehicle markets. It follows significant investments in local capabilities, including the opening of Aptiv’s technical center in Chennai in 2025 and the expansion of its advanced manufacturing facility in Chennai in 2024. Today, Aptiv India employs 2,500 engineers and 13,000 employees across 7 manufacturing sites, 4 technical centers, and 1 tooling center nationwide, supporting OEMs with production-ready, software-led solutions.

“India’s mobility ecosystem is at a pivotal point as regulatory and consumer expectations evolve rapidly. This is yet another example of Aptiv’s commitment to working closely with leading OEMs and industry partners to ensure optimized performance, timely regulatory compliance and a more resilient mobility landscape for India,” said Arun Devaraj, Vice President and Managing Director, Intelligent Systems, Aptiv Asia Pacific (Non-China).

About Aptiv
Aptiv is a global industrial technology company enabling more automated, electrified, and digitalized solutions across multiple end-markets.

For more information, please visit aptiv.com.

Mr. Tapan Ghosh (center), CEO of VinFast India, received the award from the organizers of the ACKO Drive Awards 2026: The One That Matters

At the ACKO Drive Awards 2026, the VinFast VF 7 was named “Mid-Size SUV of the Year” after convincingly meeting the criteria of a modern family SUV. The award is presented by ACKO Drive, a leading automotive content platform in India, with winners determined by a jury of top industry experts through a rigorous evaluation process.

Meanwhile, at the GaadiWaadi Editors’ Choice Awards 2026, the “Value-for-Money Package of the Year” award was presented to the VinFast VF 6. The model was recognized for its well-rounded balance of performance, technology features, modern interior design and competitive pricing, positioning it as a strong choice for value-focused Indian customers. GaadiWaadi Editors’ Choice Awards are organized annually by GaadiWaadi, one of India’s most trusted automotive news platforms, to honor standout products in the market.

At the Motorscribes Auto Awards 2025, VinFast secured a double win, being named “Electric Vehicle Manufacturer of the Year”, while the VF 7 received the “Electric Vehicle of the Year” award. The honors recognize VinFast’s long-term vision and the strong value proposition of its electric vehicle lineup. Motorscribes Auto Awards are evaluated based on inputs from the jury panel and community engagement, offering a balanced reflection of expert assessment and real-market feedback.

The newest awards further add to VinFast’s growing list of recognitions in India, including the “Most Anticipated New Car” award from ABP Live News, the double honors of “Electric Vehicle Manufacturer of the Year” and “EV Disruptor of the Year” at the Jagran Hi-Tech Awards, as well as the “Design of the Year” award at the Zee Media Auto Summit.

Mr. Tapan Ghosh, CEO of VinFast India, said, “Being recognized at the ACKO Drive Awards, GaadiWaadi Editors’ Choice Awards and Motorscribes Auto Awards is a meaningful milestone for VinFast as we accelerate our expansion in India. These awards reflect the growing confidence of the market in our long-term investment strategy, product capabilities, and vision for developing a comprehensive electric mobility ecosystem. We will continue to expand our presence and invest in manufacturing and services to deliver a world-class electric vehicle experience to customers across the country.”

Mr. Siddharth Vinayak Patankar, Editor, ACKO Drive, said, “The VinFast VF 7 convincingly meets the brief for a modern family SUV in India, and scored consistently high across all parameters: performance, comfort, efficiency, safety and value. This award underlines VinFast’s seriousness about the Indian market and the growing maturity of India’s midsize SUV segment.”

Mr. Gaurav Yadav, Editor, GaadiWaadi.com, said, “VinFast has showcased a clear and strategic understanding of the Indian EV market with the VF 6. The model has been intelligently priced and packaged to meet the expectations of value-conscious yet tech-savvy customers. With a competitive driving range, modern features and an overall well-rounded proposition, the VF 6 delivers a strong balance of affordability, innovation and everyday usability.”

Mr. Vikram Gour, Editor, Motorscribes, said, “A key differentiator for VinFast is its Tuticorin manufacturing facility, which is already operational and producing both the VF 6 and VF 7 locally. As this plant expands to include two-wheelers and buses, it is set to play a meaningful role in job creation and in strengthening the local manufacturing ecosystem. The VF 7 stood out for its striking design, robust build quality, impressive real-world range and a highly competitive price point, making it a compelling choice for Indian families seeking a comfortable, reliable and stylish electric SUV.”

As it accelerates operations in India, VinFast is building a comprehensive electric vehicle ecosystem encompassing manufacturing, retail, charging infrastructure, and after-sales services to deliver a seamless ownership experience. The foundation of this long-term strategy is VinFast’s 160-hectare manufacturing complex in Thoothukudi, Tamil Nadu, which is currently assembling premium SUV models VF 6 and VF 7 in its initial phase. The facility is planned to expand by an additional 200 hectares to support future electric bus and electric two-wheeler programs. In parallel, VinFast is working with banks and service partners in India to develop financing solutions, infrastructure, aftersales services, and a circular battery value chain, contributing to the advancement of green mobility in the world’s third-largest automotive market.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making electric mobility more accessible to everyone. VinFast’s current product portfolio includes a wide range of electric SUVs, electric motorcycles, electric bicycles, and electric buses.

VinFast is entering its next phase of growth by rapidly expanding its global distribution and dealer network while strengthening manufacturing capabilities, with a focus on key markets in North America, Europe, the Middle East, and Asia.

Learn more at: vinfastauto.in

Boman Irani receives the Best 350cc Motorcycle Award for the YEZDI Roadster from Union Minister Nitin Gadkari at the Zee Media Auto Awards 2025

The Roadster stands out for its defiant Yezdi design philosophy, a stance built for riders who favour individuality over convention. Its factory-backed custom kits and more than 50 combination options set a new benchmark for personalisation in the 350cc space. Reviewers also called out the modular seating system, switching from solo to dual in minutes, as a rare blend of style and practicality. The Roadster carries forward Yezdi’s benchmark reputation for handling and braking. Its Continental dual-channel ABS, strong front and rear disc setup, and well-judged suspension deliver confident control, while the accessible seat height and balanced ground clearance give it both poise and ease in everyday riding. At its core sits the new 350cc Alpha2 engine paired with a six-speed gearbox and an assist-and-slipper clutch, engineering that brings smooth, eager performance to everyday riding.

Boman Irani, Co-founder, Classic Legends, said, "Yezdi motorcycles have always been more than machines, they are about the heart of motorcycling. As the custodian of the brand, we draw from a rich legacy and constantly push ourselves to innovate. We made the 2025 Yezdi Roadster to be one of the safest and most multifunctional motorcycles in the Indian subcontinent. The award recognises the undeniable role of the Yezdi Roadster in encouraging the culture of motorcycling because the 350cc segment is one of the fastest growing. We will continue meeting the modern rider's expectations of machines that combine character with versatility."

The win is a testament to the Roadster’s “Born Out of Line” philosophy and Classic Legends’ commitment to building performance classics. The 2025 Yezdi Roadster redefines the heavily competitive roadster category with its bold design, segment-first modular innovations, the liquid-cooled Alpha2 engine and best in class braking and handling. The Yezdi Roadster’s long-haul confidence is supported by an industry-leading warranty and maintenance programme.

With riders seeking more personalised, meaningful motorcycling experiences, the company continues to shape the future of accessible, character-rich motorcycling culture in India.

About Classic Legends Pvt. Ltd.

Classic Legends Pvt. Ltd. was founded with a vision to reintroduce iconic motorcycle brands in India & international markets. The company currently boasts an elaborate portfolio constituting Jawa, Yezdi & BSA marquee brands. It aims to bring consumers a quintessential motorcycling lifestyle experience by co-creating exciting product and service offerings within its motorcycling ecosystem and bringing back renewed fervour into the performance-classic motorcycle market.

Website: www.jawayezdimotorcycles.com 

www.bsamotorcycles.in/

Facebook: www.facebook.com/yezdiforever/ 

www.facebook.com/jawamotorcycles/

www.facebook.com/p/BSA-Motorcycles-India-61561313586811/

Twitter: twitter.com/yezdiforever

x.com/jawamotorcycles

x.com/bsamotorcyclein?lang=en

Instagram: www.instagram.com/yezdiforever

www.instagram.com/jawamotorcycles 

www.instagram.com/bsamotorcyclesindia/

Two-Wheeler
Total two-wheelers registered a growth of 27% with sales increasing from 392,473 units in November 2024 to 497,841 units in November 2025. Domestic two-wheeler registered growth of 20% with sales increasing from 305,323 units in November 2024 to 365,608 units in November 2025.

Motorcycle registered a growth of 34% with sales increasing from 180,247 units in November 2024 to 242,222 units in November 2025. Scooter registered a growth of 27% with sales increasing from 165,535 units in November 2024 to 210,222 units in November 2025. 

Electric Vehicle
EV registered a growth of 46% with sales increasing from 26,292 units in November 2024 to 38,307 units in November 2025.

International Business
The Company's sales in international business registered a growth of 58% with sales increasing from 93,755 units in November 2024 to 148,315 units in November 2025. Two-wheeler sales grew by 52% increasing from 87,150 units in November 2024 to 132,233 units in November 2025.

Three-Wheeler
Three-wheeler registered a growth of 147% with sales increasing from 8,777 units in November 2024 to 21,667 units in November 2025.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

For more information, please visit www.tvsmotor.com

TVS Motor Company (TVSM), and BMW Motorrad today announced a landmark achievement of 200,000 units produced under their long-term partnership. This milestone highlights the success of the Indo-German collaboration, which has consistently set new benchmarks in the sub-500cc two-wheeler segment and delivered world-class motorcycles to customers worldwide. Since forming the strategic alliance in 2013, the partners have celebrated numerous milestones, reflecting over a decade of shared innovation, quality, and performance excellence.

K N Radhakrishnan, Director and CEO, TVS Motor Company and Markus Flasch, CEO, BMW Motorrad

Mr. KN Radhakrishnan, Director and CEO, TVS Motor Company, said, "In our over a decade-long partnership with BMW Motorrad, our engineering synergy and shared values of innovation and quality have formed the foundation of every achievement. Together, we have designed and brought several path-breaking products that resonate with customers across leading markets in Europe, the Americas, and Asia. This collaboration’s engineering prowess has set new benchmarks, and our co-developed products are now embraced by riders in over 100 markets globally. Today, as we celebrate the 200,000 unit milestone, we also mark the dawn of a new era with the roll out of BMW F 450 GS that was recently showcased at EICMA 2025. The newly introduced BMW F 450 GS, highlights TVS Motor’s state-of-the-art manufacturing excellence in producing high-end motorcycles.”

Mr. Markus Flasch, CEO, BMW Motorrad, said, "This 200,000 unit milestone is a demonstration of the success and strength of our collaboration with TVS Motor Company. What began just over a decade ago as a bold alliance has flourished into an extraordinary success story, with our sub-500cc models setting new standards and delighting riders across the globe. The BMW G 310 R,  G 310 GS and G 310 RR enjoy unrivalled popularity worldwide and have become a key pillar of BMW Motorrad’s global growth. The rollout of the new BMW F 450 GS marks the next exciting chapter in our journey together. We look forward to building on this strong foundation to deliver even more innovative, accessible, and truly world-class motorcycles for riders everywhere.”

With the next chapter already underway, TVS Motor Company and BMW Motorrad are driving forward investments in new platforms and future-ready technologies. The collaborative R&D efforts are geared toward meeting evolving customer needs across urban and premium mobility, ensuring that upcoming products continue the legacy of quality, performance, and innovation that defines the TVS Motor Company and BMW Motorrad alliance.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

For more information, please visit www.tvsmotor.com

About BMW Motorrad

BMW Motorrad is in first place in the global premium motorcycle segment. In 2024 BMW Motorrad achieved the strongest sales result in company history with more than 210.000 motorcycles sold. For over a century, BMW Motorrad has been synonymous with innovation and a company that lives and breathes motorcycling, with the goal of providing our customers and fans with unique and inspiring experiences on the best motorcycles in their respective segments. Every mile on a BMW is pure riding fun. Every component is imbued with passion. It's a passion that you can instantly feel.

MAKE LIFE A RIDE - that's what the BMW Motorrad brand and its people stand for.

The October edition of the Shriram Mobility Bulletin reflects a strong rebound in India’s mobility ecosystem driven by festive consumption, rural freight activity, and accelerating electric vehicle adoption. Vehicle sales witnessed sharp month-on-month growth across categories, supported by pent-up demand and improved liquidity in the retail and transport ecosystem.

Truck rentals remained firm across key trunk routes in October. The Delhi–Mumbai–Delhi corridor saw the sharpest month-on-month increase at 1.9%, followed by Delhi–Hyderabad–Delhi up 1.0%, Bengaluru–Mumbai–Bengaluru and Kolkata–Guwahati–Kolkata both up 0.7%, Mumbai–Chennai–Mumbai up 0.6%, and Bengaluru–Kolkata–Bengaluru up 0.5%. Rentals on Delhi–Kolkata–Delhi and Delhi–Bengaluru–Delhi remained unchanged, while Delhi–Chennai–Delhi and Mumbai–Kolkata–Mumbai registered minor dips of 0.5% and 1.0%, respectively. On a year-on-year basis, truck rentals were higher by 2–10% across major corridors, led by Bengaluru–Mumbai–Bengaluru 10% YoY, followed by Delhi–Mumbai–Delhi, Delhi–Hyderabad–Delhi, Mumbai–Chennai–Mumbai, and Kolkata–Guwahati–Kolkata each up 9% YoY. Entry restrictions on non-BS VI vehicles into NCR continued to tighten fleet availability, while heavy rains in North India briefly disrupted truck movement even as the arrival of Kharif crops helped bolster freight demand.

Fuel consumption reflected a mixed trend. Petrol consumption rose 8% month-on-month and 7% year-on-year, driven by festive travel, while diesel consumption increased 12% MoM but remained marginally lower by 0.5% YoY due to reduced demand from agriculture and mining sectors.

FASTag collections saw a temporary dip month-on-month, with volumes declining by 3.8% and values by 4.4% to Rs. 6,450 crore, indicating some moderation in intercity freight movement. However, on a year-on-year basis, FASTag volumes and values grew 1% and 5%, respectively, signalling continued growth in toll-based transactions.

Vehicle retail sales recorded a broad-based recovery in October, with nearly all categories registering double-digit month-on-month growth. Goods carriers surged 58% MoM and 23% YoY, while three-wheeler (goods) and e-rickshaw sales rose 59% and 16% MoM, respectively, supported by last-mile delivery and urban logistics demand. Two-wheeler sales soared 144% MoM and 52% YoY as festive buying peaked. Passenger car sales also climbed 83% MoM and 11% YoY, reflecting strong consumer sentiment. Even traditionally cyclical segments like earth moving equipment and agricultural tractors saw month-on-month gains of 44% and 10%, respectively, highlighting the spillover from infrastructure and rural activity.

Electric vehicle (EV) sales were among the strongest ever, marking October as a record month across categories. E-2 wheelers jumped 40% MoM and 39% YoY, while E-3 wheelers grew 16% MoM and 324% YoY, reflecting continued traction in passenger and cargo EV adoption. EV motor cars rose 13% MoM and 158% YoY, underscoring the mainstreaming of electric mobility in both urban and semi-urban markets.

Mr. Y S Chakravarti, CEO and Managing Director, Shriram Finance Ltd. said, "Deepavali delivered exceptional results, with truck rental rates remaining firm and automotive sales across all categories achieving record highs. The focus now is on sustaining this momentum, although a moderation in vehicle demand is anticipated in the coming weeks.”

E-way bill generations maintained their upward trajectory, indicating robust movement of goods. Intra-state generations rose 2% MoM and 25% YoY to 8.58 crore, while inter-state e-way bills increased 6% MoM and 18% YoY to 4.62 crore. Transaction values grew 7% MoM and 19% YoY for intra-state and 8% MoM and 13% YoY for inter-state, signaling sustained consumption and supply chain recovery across sectors.

About Shriram Finance Limited
Shriram Finance Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, General Insurance, Stock Broking and Distribution businesses. Shriram Finance Limited is one of India’s largest retail asset financing Non-Banking Finance Companies (NBFC) with Assets under Management (AUM) above Rs. 2.81 trillion. Established in 1979, Shriram Finance is a holistic finance provider catering to the needs of Small Road Transport Operators and small business owners and is a leader in organised financing of pre-owned commercial vehicles and two wheelers. It has vertically integrated business model and offers financing number of products which include passenger commercial vehicles, loans to micro and small and medium enterprises (MSMEs), tractors & farm equipment, gold, personal loans and working capital loans etc. Over last 45 years, it has developed strong competencies in the areas of loan origination, valuation of pre-owned commercial vehicles and other assets, and collections. It has a pan India presence with network of 3,225 branches and an employee strength of 78,833 servicing to 96.64 lakhs of customers.

About Shriram Mobility Bulletin
Shriram Finance Limited, the flagship company of the Shriram Group, publishes the monthly Shriram Mobility Bulletin. The Shriram Mobility Bulletin aims to provide stakeholders with a picture of India's statistical data about the logistics and automobile sector through its nationwide network of fleet owners & vehicle dealers and analyses it to identify trends for its stakeholders.

TVS Motor Company Makes a Stellar debut at EICMA, unveils 6 new products across ICE and electric powertrains
 

Adjacent to the TVS pavilion, is the resurgent, “new” Norton range, built on timeless values of design, dynamism and detail, reimagined for a new generation of riders. Over the last five years, TVSM has invested £200 million in reviving the legendary brand – one built on 127 years of history, innovation and racing glory. Norton is now ready to redefine premium motorcycling!

TVSM’s product showcase at EICMA is headlined by (a) TVS Tangent RR Concept – a revolutionary supersport bike with a monocoque subframe (b) TVS eFX three o – the company’s most powerful electric motorcycle concept yet (c) TVS M1-S – the company’s first electric maxi scooter (d) TVS Apache RTX 300 – a new benchmark in the adventure tourer segment (e) TVS X – the born electric, lean, aerodynamic machine, packed with segment first innovations and (f) TVS RTR HyprStunt Concept – a revolutionary new concept for everyday urban sports motorcycles. 

Commenting on TVSM’s maiden appearance at EICMA, Sudarshan Venu, Chairman, TVS Motor Company, said, “TVS is a business built over 100 years - a commitment to customer delight, quality and a focus on innovation and technology. Today, we are amongst the top global manufacturers of two-wheelers with a significant market share in over 50 countries. 35 percent of our revenues come from outside India. As TVSM debuts at EICMA, we underline our ambition to serve customers in Europe with passion, precision and pride. With the prowess of our existing portfolio, the six new unveils, the capability from our four centres of excellence in India, Indonesia, Bologna and UK and a new resurgent Norton, we are ready to write a new chapter.”

Drawing on decades of racing success and trusted by millions of riders, the new TVS Tangent RR Concept is the harbinger of a revolutionary super sport design that leverages over four decades of TVS Racing’s competitive track experience. Its monocoque subframe is crafted from intelligent composites that heightens its aerodynamics and boosts performance. The TVS Tangent RR Concept pushes the envelope delivering a combination of aggressive performance and class-leading features never before seen in India’s motorcycle landscape.

Joining the TVS Tangent RR Concept in the spotlight is the TVS eFX three o electric motorcycle concept that reimagines the electric motorcycle performance. Crafted for the modern urban rider its futuristic silhouette channels raw electric power through a design that is taut, minimalistic yet expressive, intelligent yet visceral. Building on the success of the TVS iQube, India’s largest selling EV, the TVS eFX three o has been engineered to set new benchmarks in street motorcycling underlining the company’s aspiration to not just match global benchmarks but surpass them.

Expanding the Track to Road Legacy: RTR HyprStunt Concept

Building on TVSM’s core track to road philosophy at EICMA 2025 is the TVS RTR HyprStunt Concept. This sharply styled, tech-forward urban sportsbike opens an entirely new segment in India, bridging everyday practicality with the heritage of TVS racing. For younger riders and city enthusiasts, it has been crafted for precision stunt riding and urban aggression - a bold mechanical expression that sets new benchmarks in lightweight, agile and urban ready riding dynamics. 

Complementing these at EICMA, is the recently launched TVS Apache RTX 300, which has opened new frontiers for adventure tourers. This marks the most significant expansion of the TVS Apache nameplate in its 20^th year reinforcing its position as India’s gold standard for speed, excitement and reliability. The TVS Apache RTX 300 will hit the roads in Europe in Q1 2026.

Electric Innovation

Alongside its stars, TVSM also showcased the smart, advanced EV TVS X and TVS M1-S electric maxi scooter that are engineered for new-age global urban riders. Together, they reiterate TVS’s drive to create two-wheelers for any journey for any rider in any continent. The two EVs would be launched in Europe by the end of 2026.

At EICMA, TVS Motor has also unveiled the AR enabled Heads Up Display (HUD) Helmets in partnership with Swiss startup Aegis Rider. The Aegis Rider vision helmet keeps the rider’s focus on the road and uses spatial anchoring and AR technology to display vital information through a heads-up display with first of its kind patented technology. The AR display enhances situational awareness with real-time navigation, hazard alerts, and call notifications without distracting the rider - marking a quantum leap in enhancing riding experience and smart connectivity. 

Among the connected technologies that enhance the rider-machine compatibility, TVSM has displayed the integration of Android Auto with the TVS X console, powered by TVS SmartXonnect. This connectivity suite offers riders effortless wireless pairing, smart navigation, hands-free calling, and entertainment via Google Assistant, perfectly blending the demands of modern urban life with seamless mobility. Also on display, is the TVS iQube integrated to Smartwatch, redefining the way riders connect with their vehicles. This integration connects the TVS iQube electric scooter with a special edition smartwatch, to provide real-time access to critical updates, including vehicle status, battery insights, tyre pressure, and safety alerts, along with a plethora of native watch features.

TVS Motor Company’s expansive lineup at EICMA 2025 also features a broad spectrum of market-leading products that underscore the company’s unmatched ability to serve every rider segment. This includes the TVS Jupiter, the TVS NTORQ, the TVS Raider and the TVS TVS iQube. TVSM’s flagship mid-size sportsbikes - the fully faired TVS Apache RR 310 and the naked street sportbike TVS Apache RTR 310 - along with a limited-edition carbon fiber variant of the TVS Apache RR 310 and a Build-to-Order customized TVS Apache RTR 310 variant are also on display. TVSM has showcased two versions of the TVS Ronin roadster - one standard and another dressed with a full accessory kit - catering to lovers of neo-retro styling. Two elegant and technologically advanced e-bikes are also drawing plentiful attention.

Also, on show is TVSM’s extensive range of premium merchandise and accessories reflecting its racing heritage and lifestyle appeal. The lineup features high-quality helmets, riding gear, hydration backpacks, Bluetooth intercoms, and lifestyle apparel including t-shirts, sweatshirts, caps, and leather jackets. 

TVS Motor Company’s debut at EICMA not only sets the pace for the global two-wheeler industry, it stands as a celebration of India’s sporting, engineering, and electric mobility talent—proven by the expanding might and success of the Apache nameplate and building on its pioneering success in EVs.
 

About TVS Motor Company
TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D. Power IQS & APEAL surveys and J.D. Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS e-bike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

The Company posted its highest ever Operating EBITDA of Rs. 1,509 Crores registering a growth of 40% for the quarter ended September 2025 as against EBITDA of Rs. 1,080 Crores in second quarter of 2024-25. Company’s operating EBITDA margin improved by 100bps at 12.7% as against 11.7% in the quarter ended September 2024.

The Company’s Profit Before Tax (PBT) grew by 37% at Rs. 1,226 Crores for the second quarter of 2025-26 as against PBT of Rs. 897 Crores in second quarter of 2024-25. PBT for the quarter includes fair valuation loss on investments held by the Company amounting to Rs. 31 Crores as against fair valuation gain of Rs. 23 Crores during Q2 of last year.

Sales

The overall two-wheeler and three-wheeler sales including international business grew by 23% registering highest ever quarterly sales of 15.07 Lakh units in the quarter ended September 2025 as against 12.28 Lakh units in the quarter ended September 2024. Motorcycle sales grew by 20% registering 6.73 Lakh units in the quarter ended September 2025 as against 5.61 Lakh units in the quarter ended September 2024. Scooter sales for the quarter ended September 2025 grew by 30% registering 6.39 Lakh units as against the sales of 4.90 Lakh units in the second quarter of 2024-25. The two-wheeler sales in international business grew by 31% at 3.63 Lakh units in the quarter ended September 2025 as against 2.78 Lakh units in the quarter ended September 2024. Total three-wheeler sales for the quarter under review  grew by 41% at 0.53 Lakh units as against 0.38 Lakh units during second quarter of 2024-25.

EV Sales:

During the quarter under review, the Company’s EV sales grew by 7% achieving highest ever quarterly sales of 0.80 Lakh units in the quarter ended September 2025 as against 0.75 Lakh units during quarter ended September 2024. Magnet availability continue to pose challenges in the short to medium term.

Half-year results:

The total two-wheeler sales of the Company for the half-year ended September 2025 grew by 20% registering 26.86 Lakh units as against 22.47 Lakh units recorded in the half-year ended September 2024. The total three-wheeler sales for the half-year ended September 2025 grew by 43% at 0.98 Lakh units as against 0.69 Lakh units registered in the half-year ended September 2024. The total sales in international business of two and three-wheelers for the half-year ended September 2025 grew by 34% at 7.52 Lakh units as against 5.62 Lakh units in the half-year ended September 2024.

Total revenue for the half-year ended September 2025 grew by 25% at Rs. 21,986 Crores against Rs. 17,604 Crores in the half year ended September 2024. PBT for the half year ended September 2025 grew by 36% at Rs. 2,279 Crores as against Rs. 1,680 Crores in the half-year ended September 2024. 

New Product launches:

Company launched four all new attractive products in the last three months.

EV Segment is further strengthened with the launch of TVS Orbiter, a smart, stylish EV that redefines everyday urban mobility with effortless range and connectivity.

Powering urban logistics with purpose – the all new TVS King Kargo HD EV was launched – it delivers Strength, Space & Sustainability.

The Company unleashed the most powerful TVS scooter ever, the TVS NTORQ 150, India’s Quickest and first Hyper Sport Scooter that is built to thrill every ride.

TVS Motor forayed into the adventure rally tourer segment with its new super premium offering TVS Apache RTX - engineered to unlock limitless possibilities of exploration, off-roading, and self-discovery.

All the new launches have garnered immense interest and good response from the customers.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

For more information, please visit www.tvsmotor.com.

Bajaj Finserv Two-wheeler Loan
 

Key benefits of the Bajaj Finserv Two-wheeler Loan

• High-value funding up to Rs. 21 lakh: Customers can finance a wide range of scooters, from daily commuters to premium models, with ease, with a high-value loan of up to Rs. 21 lakh.

• Cashback offers: Festivals not only bring joy but also exciting deals and offers. With a Bajaj Finserv Two-wheeler Loan, customers can take advantage of attractive cashback offers. On the Honda Activa 6G, customers can avail of a cashback offer of up to Rs. 3,000*. On the Honda Activa 125, customers can avail of cashback offers of up to Rs. 8,000*. For customers looking at other scooters or bikes to purchase this Diwali, here are all the offers they can take advantage of:
   

*These attractive offers are valid until October 31^st, 2025, providing a perfect opportunity for those looking to purchase a new scooter during the festive season.

• Simple eligibility and minimal documentation: The loan application process is designed for convenience, requiring only basic documents. This ensures that even first-time buyers can apply with ease.

• Flexible repayment options: Customers can choose repayment tenures that suit their financial plans, with EMIs structured to ensure comfortable monthly outflows.

• Up to 100% financing* on the on-road price: The loan covers the entire on-road cost, including ex-showroom price, RTO fees, insurance, and accessories — eliminating the need for a large upfront payment.
   

How to avail of these cashback offers

Here is a step-by-step guide to availing of cashback offers

1. Customers can go to the two-wheeler loan page on the Bajaj Finserv website and click on the ‘Apply Now’ button.

2. After OTP verification, if the customer is identified as an existing Bajaj Finance customer with an active offer, they will be redirected to the Bajaj Mall, where they can explore their desired Honda Activa 6G or Honda Activa 125 variant.

3. After selecting the desired Honda Activa model, they can choose a dealer from the available list.

4. Once the form is submitted, a representative from Bajaj Finance will reach out for further steps.

5. During the purchase process at the dealership, customers can claim applicable cashback benefits.

If the customer is identified as a new customer without an active offer, they will be required to enter some basic personal, vehicle and dealer details. Once they submit these details and their application is approved, a representative from Bajaj Finance will contact the customer to guide them through the next steps. During the purchase process at the dealership, the customer can claim applicable cashback benefits.
 

This festive season, Bajaj Finance is making the joy of new beginnings even brighter. With cashback offers, quick approvals, flexible EMIs, and high-value loans, the Bajaj Finserv Two-wheeler Loan ensures that bringing home the desired two-wheeler becomes a truly festive milestone.
 

Please note: The final fulfilment of these offers will be managed directly by the dealer during the purchase. These special cashback offers are valid till 31^st October, 2025.
 

*Terms and conditions apply.
 

About Bajaj Finance Limited
Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.

car&bike has always been a distinguished platform that hosts different segments- new cars, new bikes and used cars or discovery, comparison and buying, under one roof. The new website aims to deliver simplified journeys, intuitive navigation, interactive graphics and a mobile-first experience, all focused on empowering customers to navigate with confidence and convenience.

The platform is designed to be welcoming and easy to use, avoiding complicated jargon and offering a smooth, enjoyable experience that feels like browsing in person.

Key highlights of the new platform include

• A reimagined search and browsing journey to make finding the right vehicle effortless and intriguing.

• Clean, simplified and intuitive product displays with easy navigation to ensure users can access all the necessary details quickly.

• Authentic insights and trusted reviews and opinions from the car&bike auto experts help customers make informed decisions.

• The Mobile-first design ensures a fast, responsive experience on the go.

• Transparent on-road pricing available across all products and variants for greater clarity and trust, which are also competitive in terms of the market segment.

• Tailored deals and offers from dealerships based on user preferences and location are updated regularly on the platform.

“The revamped car&bike platform reflects our renewed vision to be India’s No. 1 one-stop automotive destination. Every enhancement has been thoughtfully designed to simplify the vehicle buying and selling journey for the consumers, while staying true to our core values of transparency, trust, and innovation,” said Mohammed Turra, CEO, Mahindra First Choice Wheels.

The transformation sheds light on car&bike’s long-term commitment to customer-first innovation and data-driven growth, while reinforcing its position as a trusted destination for millions of vehicle buyers and sellers.

The upgraded car&bike platform is now live and available to users across India here www.carandbike.com.

About car&bike
car&bike by Mahindra First Choice Wheels is one of India’s most trusted auto-tech platforms, offering a comprehensive ecosystem for vehicle buyers, sellers, and enthusiasts. With a focus on transparency, trust, and technology-driven solutions, car&bike enables customers to discover, compare, buy, and sell vehicles seamlessly. From on-road prices and expert reviews to personalized dealer offers and resale options, car&bike continues to redefine how Indians experience vehicle ownership.
 

About Mahindra First Choice Wheels
Mahindra First Choice Wheels (MFCW), a part of Mahindra group, is India’s leading multi-brand used vehicle company, with a wide network of franchise dealerships across the country. Its services span organized used-car retail, vehicle auctions, certified car programs, financing, and warranty solutions. With its strong footprint and customer-first approach, MFCW has played a pioneering role in building trust and transparency in India’s pre-owned vehicle market.
 

About Mahindra
Founded in 1945, the Mahindra Group is a global federation of companies with a presence in over 100 countries. It is among the world’s largest tractor manufacturers by volume and a leader in utility vehicles, information technology, financial services, and renewable energy. Guided by its purpose of ‘Rise,’ Mahindra drives positive change by enabling communities to rise through innovative products and solutions that fuel progress and sustainability worldwide.

TVS Motor Company, during the second quarter of the financial year 2025-26, registered the highest ever quarterly sales of 15.07 Lakh units. The two-wheeler of the company registered a growth of 22% with sales increasing from 11.90 Lakh units in Q2FY25 to 14.54 Lakh units in Q2FY26. Three-wheeler of the company registered a growth of 41% with sales increasing from 0.38 Lakh units in Q2FY25 to 0.53 Lakh units in Q2FY26. Total exports registered a growth of 30% with sales increasing from 3.09 Lakh units in Q2FY25 to 4.00 Lakh units in Q2FY26.

September 2025 Sales Update
The Company recorded monthly sales of 541,064 units in September 2025 with a growth of 12% as against 482,495 units in September 2024.

Two-Wheeler
Total two-wheelers registered a growth of 11% with sales increasing from 471,792 units in September 2024 to 523,923 units in September 2025. Domestic two-wheeler registered growth of 12% with sales increasing from 369,138 units in September 2024 to 413,279 units in September 2025.

Motorcycle registered a growth of 9% with sales increasing from 229,268 units in September 2024 to 249,621 units in September 2025. Scooter registered a growth of 17% with sales increasing from 186,751 units in September 2024 to 218,928 units in September 2025.

Electric Vehicle
EV registered a growth of 8% with sales increasing from 28,901 units in September 2024 to 31,266 units in September 2025. Magnet availability continue to pose challenges in the short to medium term.

International Business
The Company's total exports registered a growth of 10% with sales increasing from 111,007 units in September 2024 to 122,108 units in September 2025. Two-wheeler exports grew by 8% with sales increasing from 102,654 units in September 2024 to 110,644 units in September 2025.

Three-Wheeler
Three-wheeler registered a growth of 60% with sales increasing from 10,703 units in September 2024 to 17,141 units in September 2025.

About TVS Motor Company
TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com

Mr. Sudarshan Venu, Chairman, TVS Motor Company

As part of this initiative, TVS Motor has agreed to acquire 100% ownership of Engines Engineering S.p.A., an Italian automotive design and engineering powerhouse known for advanced prototyping, innovation in high-performance motorcycles, and deep experience in MotoGP racing. The acquisition reflects TVS Motor’s commitment to strengthening its design and engineering base to accelerate the creation of next-generation mobility platforms.

The CoE is designed as a concept-to-product innovation hub, seamlessly integrating Engines Engineering’s expertise with TVS Motor’s global R&D capabilities. By uniting diverse engineering teams and expanding access to global talent pools, the CoE will significantly enhance the company’s speed to market, product differentiation, and technological leadership.

In addition to bolstering TVS Motor’s premium and future-ready product pipeline, the CoE will also add new capabilities to Norton Motorcycles, the company’s iconic British marque, supporting its ambition to craft modern luxury motorcycles with cutting-edge performance and design.

Commenting on the development, Sudarshan Venu, Chairman, TVS Motor Company, said, “The establishment of the new Italian Global Centre of Excellence marks another milestone in strengthening our capabilities and accelerating our journey to reimagine mobility. By combining the creativity and racing expertise of Engines Engineering with our engineering and design strengths, we are expanding our ability to deliver premium, connected, and electric vehicles that set new global benchmarks. Importantly, this Centre of Excellence further augments Norton’s capabilities, enabling it to advance its craft of exceptional high-performance motorcycles that not only honour its iconic legacy but also elevate its future ambitions.”

Key focus areas of the CoE include:

• Design Leadership and Engineering Excellence: Advancing capabilities in digital simulation, rapid prototyping, and modular platform development to set new benchmarks in performance and reliability.

• Future Mobility Technologies: Accelerating adoption of AI-driven design tools, advanced material applications, and digital integration to deliver vehicles that are connected, sustainable, and intuitive to use.

• Global Talent & Collaboration: Creating a magnet for world-class talent while building an ecosystem that engages universities, startups, technology leaders, and suppliers worldwide to co-develop disruptive solutions and foster innovation at scale.

With this initiative, TVS Motor will be able to reduce product development cycles, enhance design flexibility, and expand its premium portfolio, including high-displacement motorcycles, advanced scooters, and new electric mobility platforms. The expanded engineering depth will also strengthen Norton’s pipeline of high-performance motorcycles, enabling it to further solidify its position as a modern luxury brand.

This approach aligns with the company’s broader aspiration to improve the quality of life for people globally through compelling, sustainable mobility solutions.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland.   TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

Zen Mobility launches Pico and Pixi Pod

Over the past year, Zen Mobility’s three-wheeler Micro Pod has been adopted by platforms including Zomato, Blinkit, Porter, Flipkart, Amazon, and Delhivery. Developed over seven years, the Micro Pod addressed practical challenges in ‘large order’ deliveries, providing an alternative to overloaded two-wheelers and underutilised vans. From concept to category-creator: Zen Micro Pods have logged 8.5 million+ km in just two years, completing over 5.6 million deliveries.

The launch of Pixi Pod and Pico Pod comes at a time of rapid change in urban transport and delivery patterns. These vehicles are built for durability and practical use, aiming to serve personal mobility and urban logistics networks in the future.

Product Highlights

Pixi Pod

• The Urban Workhorse: Sleek two-wheeler designed for personal use, shared mobility, or light cargo transport.

• Capacity: Passenger 1+1 or 1+light cargo box | Battery: 2.3 kWh swappable LFP | Speed: up to 45 km/hr | Range: 80-100 km

• Starting Price: Rs. 65,000

Pico Pod

• The Ultimate Delivery Beast: Next-Gen two-wheeler designed for heavier loads and enhanced stability

• Capacity: Rider + Cargo (up to 50kg) | Battery: 3.8 kWh swappable LFP | Speed: up to 45 km/hr | Range: 80–100 km | Cargo volume: 15 cu. ft.

• Starting Price: Rs. 1,11,000

Both vehicles include suspension systems, LED lighting, and options for refrigerated or insulated cargo boxes for food, pharma, and cold-chain deliveries.

Commenting on the launch, Namit Jain, CEO and Founder of Zen Mobility, said, “Consumers today expect fast deliveries, convenience, and affordability—it’s no longer a luxury, it’s the standard. With our new Pico Pod and Pixi Pod, we’re introducing vehicles that are nimble, long-lasting, and highly affordable—built to support the gig economy, personal mobility, and last-mile delivery networks. Our approach is simple: deliver the highest quality and reliability at the lowest cost. These vehicles reflect that promise. Designed for India with global potential, they cater to the evolving needs of our domestic market while also serving the fast-growing regions in the MENA and Southeast Asia. At Zen, this isn’t just the launch of new vehicles—it’s the start of a mobility movement: making sustainable, efficient, and dependable transport accessible to all, while shaping the future of urban commerce worldwide.”

Availability

Pre-bookings open 25 September 2025, with deliveries starting 7 October 2025 through Zen Mobility’s official channels and authorized partners across major urban centers in India.

About Zen Mobility

Zen Mobility is a visionary electric vehicle company committed to redefining sustainable mobility in India. Focused on innovation, design, and impact, Zen develops tailored EV solutions that empower businesses, reduce emissions, and transform urban transportation. From purpose-built logistics vehicles to smart personal mobility solutions, Zen is accelerating India’s transition to a cleaner, greener, and more efficient future.

LTF has introduced three new offerings, namely, No Cost EMI, Prompt Payment Rebate, and the EMI Lite Festive scheme 

Under the No Cost EMI scheme, customers can finance their purchase without incurring interest charges on the loan amount; the only associated fee is a nominal documentation charge. The Prompt Payment Rebate scheme is available to customers who select a minimum repayment tenure of 36 months, offering a waiver of the final EMI upon successfully repaying the EMIs for 35 months through central clearance. Finally, the EMI Lite Festive scheme allows customers to pay only the interest portion of their EMI for the first two months of the loan term, with no principal amount included in their monthly payment during this initial period, thus making it a buy in 2025 and pay in 2026, making festivals more affordable.

Speaking about the new launches, Mr. Sudipta Roy, Managing Director and CEO at LTF, said, “With an advanced version of ‘Project Cyclops’ now live in our Two-wheeler Finance business and the revised GST slabs for bikes and scooters effective this month, we believe this is an opportune time to launch attractive schemes for our customers. Our Two-wheeler Finance business is one of the top three fulcrum products. As one of the leading financiers in this segment, having a prime-dominant portfolio and a best-in-class zero DPD (Days Past Due) record vis-à-vis the industry, we foresee that these offers will drive a substantial surge in demand and strengthen our leadership position.”

Mr. Jinesh Shah, Chief Executive – Urban Secured Assets & Third-Party Products at LTF, said, "With over 75 lakh customers served in urban India, we have a profound understanding of the market's needs. This allowed us to craft a spectacular array of enticing two-wheeler loan offerings that truly benefit our potential customers. Supported by our well-diversified footprint and a network of over 10,000 sourcing points, we are confident that customers will seize this exceptional opportunity to own a two-wheeler and fulfill their aspirations with us as their preferred financier.

We anticipate a surge in demand for Two-wheelers given the strong support of lower GST by the government and we are ready for the increased customer inflow at our partner dealer outlets to help fulfill their dreams."

The festive schemes will be valid for customers availing loans until November 30, 2025. In addition, LTF has been offering the best interest rates to deserving customers and offers customers a quick turnaround time of 5 minutes to decide on a loan, aided by a best-in-class digital process wherein no documents are required physically from customers.

The Company has also launched its latest TV commercial (TVC), ‘Just Zoom Two-wheeler Loans,’ with the tagline ‘Bumrah Ki Speed Par,’ featuring its brand ambassador, Jasprit Bumrah. An Integrated Marketing Campaign (IMC) leveraging a mix of media buyouts will be launched across 13 markets in the country. 

About L&T Finance Ltd. (LTF)

L&T Finance Ltd. (LTF) ( www.LTFINANCE.com ) formerly known as L&T Finance Holdings Ltd., (LTFH) is a leading Non-Banking Financial Company (NBFC), offering a range of financial products and services. Headquartered in Mumbai, the Company has been rated ‘AAA’ — the highest credit rating — by four leading domestic rating agencies. S&P Global Ratings has recently upgraded LTF long-term Issuer Credit Rating to “BBB/Stable” from “BBB-/Positive” and short-term issuer credit rating to “A-2” from “A-3”. Fitch Ratings has assigned LTF Long-Term Foreign and Local-Currency Issuer Default Ratings of “BBB-” with a Stable outlook. It has also received leadership scores and ratings by global and national Environmental, Social, and Governance (ESG) rating providers for its sustainability performance. The Company has been certified as a Great Place To Work® and has also won many prestigious awards for its flagship CSR project – “Digital Sakhi”- which focuses on women's empowerment and digital and financial inclusion. Under Right to Win, being in the ‘right businesses’ has helped the Company become one of the leading financiers in key Retail products. The Company is focused on creating a top-class, digitally enabled, Retail finance company as part of the Lakshya 2026 plan. The goal is to move the emphasis from product focus to customer focus and establish a robust Retail portfolio with quality assets, thus creating a Fintech@Scale while keeping ESG at the core. Fintech@Scale is one of the pillars of the Company’s strategic roadmap - Lakshya 2026. The Company has over 2.6 Crore customer database, which is being leveraged to cross-sell, up-sell, and identify new customers.

X: x.com/LnTFinance

Facebook: www.facebook.com/LnTFS

Linkedin: www.linkedin.com/company/lntfinance

Instagram: www.instagram.com/lntfinance

YouTube: www.youtube.com/user/ltfinance

TVS Motor Company (TVSM), a global leader in two and three-wheeler segments, today announced the launch of the TVS NTORQ 150, India’s quickest Hyper Sport Scooter. Powered by a 149.7cc race-tuned engine and inspired by stealth aircraft design, the scooter is a symphony of high performance, sportier aesthetics and cutting-edge technology to cater to a new generation of riders, with a special introductory price of Rs. 119,000 (Ex-showroom, All India).
 

TVS NTORQ 150
 

First-in-Segment Features

• Acceleration (0-60 kmph)- 6.3 seconds

• ABS & Traction control System MULTIPOINT® Projector Headlamps

• Stylish Front Combination Lamps

• Race & Street Mode

• iGo Assist

• ISS – Street Mode

• Boost – Race Mode

• Signature muffler note

• Naked Handlebar

• Aerodynamic Winglets

• Hi-Res TFT cluster with 50+ connected features

• 4-way navigation switches

• Alexa integration

• Smartwatch integration

• Vehicle live tracking
   

Building on the TVS NTORQ story of always evoking awe, the new scooter will be yet another icon of tomorrow. Its MULTIPOINT® projector headlamps, aerodynamic winglets, coloured alloy wheels, and signature muffler note highlight its racing DNA, while a hi-res TFT cluster with 50+ smart features, including Alexa and smartwatch integration, live tracking, navigation, and OTA updates makes it the most advanced scooter in its class.

 
Speaking at the launch of TVS NTORQ 150, Mr. Gaurav Gupta, President, India 2W Business, TVS Motor Company, said, "At TVS Motor Company, we remain committed to growth through innovation and customer-focused offerings. In fact TVS NTORQ 150 is inspired by the learnings from all our riders and will further strengthen our scooter portfolio. Combining race-inspired performance, advanced connectivity, and first-in-segment safety and control features, the scooter will delight the consumers and significantly build brand love.”
 

Commenting on the launch, Mr. Aniruddha Haldar, Senior Vice President - Head Commuter & EV Business and Head Corporate Brand & Media, TVS Motor Company said, “Over two million NTORQians and 50 self-managed ride groups and communities, define the relationship that has been built between one of India’s most loved and iconic automotive brands and its riders. TVS NTORQ has been synonymous with striking design, superior performance and new age technology. The introduction of the all new TVS NTORQ 150, is designed to meet the evolving high performance aspirations of the Gen Z! TVS NTORQ 150, India’s first hyper sport scooter with its hyper futuristic design, hyper tuned performance, and hyper connected tech will thrill its riders, and significantly strengthen and expand the TVS NTORQ brand franchise.”
 

PERFORMANCE
The TVS NTORQ 150 is powered by a 149.7cc, air-cooled, O3CTech engine that delivers 13.2 PS at 7,000 rpm and 14.2 Nm torque at 5,500 rpm. Accelerating from 0–60 km/h in just 6.3 seconds and reaching a top speed of 104 km/h, it stands as the quickest scooter in its class.

SPORTY & FUTURISTIC DESIGN

Inspired by stealth aircraft, the TVS NTORQ 150 features MULTIPOINT® projector headlamps, sporty tail lamps, aerodynamic winglets, a stubby muffler with signature sound, naked handlebar, and coloured alloy wheels.

• Forward-biased stance with aggressive, predatory launch-ready poise. 

• Arrowhead front form sculpted for aerodynamic efficiency and visual speed. 

• Naked motorcycle-style handlebar, enhancing rider control and delivers a raw, connected feel. 

• Jet-inspired vents and integrated winglets, reinforcing its race-bred identity. 

• MULTIPOINT® projector headlamps offering superior illumination.

• Signature ‘T’ tail lamp, distinct and designed for enhanced visibility. 

• Gaming console-inspired hi-res TFT.

• Sport-tuned suspension, lightweight alloys, and a performance exhaust that visually and functionally anchor its sporty character.

TECH-PACKED FOR THE NEW-AGE RIDER

Equipped with a hi-res TFT cluster and TVS SmartXonnect™, the TVS NTORQ 150 offers 50+ connected features including Alexa and smartwatch integration, turn-by-turn navigation, vehicle tracking, last parked location, call/message/social media alerts, ride modes, OTA updates, and custom widgets. The adaptive TFT display with 4-way navigation switch and integrated telematics makes it India’s most advanced scooter interface.

SAFETY & COMFORT

The scooter ensures rider confidence with ABS and traction control (first-in-segment), crash and theft alerts, hazard lamps, emergency brake warning, and follow-me headlamps. Comfort is enhanced through telescopic suspension, adjustable brake levers, a patented E-Z center stand, and 22L under-seat storage.

COLOUR PALLETTE

The TVS NTORQ 150 will be offered in two variants:

• TVS NTORQ 150 – Stealth Silver, Racing Red, Turbo Blue

• TVS NTORQ 150 with TFT Cluster – Nitro Green, Racing Red, Turbo Blue

About TVS Motor Company
TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

For more information, please visit www.tvsmotor.com.

Two-Wheeler

 Total two-wheelers registered a growth of 30% with sales increasing from 378,841 units in August 2024 to 490,788 units August 2025. Domestic two-wheeler registered growth of 28% with sales increasing from 289,073 units in August 2024 to 368,862 units in August 2025.

Motorcycle registered a growth of 30% with sales increasing from 170,486 units in August 2024 to 221,870 units in August 2025. Scooter registered a growth of 36% with sales increasing from 163,629 units in August 2024 to 222,296 units in August 2025. 

Electric Vehicle

EV registered sales of 25,138 units in August 2025 as against 24,779 units in August 2024. Magnet availability continue to pose challenges in the short to medium term. 

International Business

The Company's total exports registered a growth of 35% with sales increasing from 99,976 units in August 2024 to 135,367 units in August 2025. Two-wheeler exports grew by 36% with sales increasing from 89,768 units in August 2024 to 121,926 units in August 2025.

Three-Wheeler

Three-wheeler registered a growth of 47% with sales increasing from 12,747 units in August 2024 to 18,748 units in August 2025.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland.   TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

For more information, please visit www.tvsmotor.com

Two-Wheeler
Total two-wheelers registered a growth of 29% with sales increasing from 339,676 units in July 2024 to 438,790 units in July 2025. Domestic two-wheeler registered growth of 21% with sales increasing from 254,250 units in July 2024 to 308,720 units in July 2025.

Motorcycle registered a growth of 25% with sales increasing from 161,074 units in July 2024 to 201,494 units in July 2025. Scooter registered a growth of 42% with sales increasing from 139,995 units in July 2024 to 198,265 units in July 2025.

Electric Vehicle
EV registered a growth of 10% with sales increasing from 21,442 units in July 2024 to 23,605 units in July 2025. Magnet availability continue to pose challenges in the short to medium term.

International Business
The Company's total exports registered a growth of 46% with sales increasing from 97,589 units in July 2024 to 142,629 units in July 2025. Two-wheeler exports grew by 52% with sales increasing from 85,426 units in July 2024 to 130,070 units in July 2025.

Three-Wheeler
Three-wheeler registered a growth of 21% with sales increasing from 14,464 units in July 2024 to 17,560 units in July 2025.

About TVS Motor Company
TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

The Company posted its highest Operating EBITDA of Rs. 1,263 Crores with a growth of 32% for the first quarter of 2025-26 as against EBITDA of Rs. 960 Crores in first quarter of 2024-25.  The Company’s operating EBITDA margin improved by 100bps at 12.5% during the quarter ended June 2025 as against 11.5% in the quarter ended June 2024.

The Company posted its highest Profit Before Tax (PBT) of Rs. 1,053 Crores recording a growth of 35% for the first quarter of 2025-26 as against Rs. 783 Crores in the first quarter of 2024-25. During the current quarter, the Company’s Profit After Tax (PAT) grew by 35% at Rs. 779 Crores as against Rs. 577 Crores during first quarter of 2024-25.

Sales:

During the first quarter of the financial year 2025-26, the company registered the highest ever quarterly sales. The overall two-wheeler and three-wheeler sales including exports grew by 17% registering sales of 12.77 Lakh units in the quarter ended June 2025 as against 10.87 Lakh units registered in the quarter ended June 2024. Motorcycle sales grew by 21% registering 6.21 Lakh units in the quarter ended June 2025 as against 5.14 Lakh units in quarter ended June 2024. Scooter sales for the quarter ended June 2025 grew by 19% at 4.99 Lakh units as against 4.18 Lakh units in the first quarter of 2024-25. Three-wheeler sales for the quarter under review grew by 46% at 0.45 Lakh units as against 0.31 Lakh units during first quarter of 2024-25.

Electric Scooter sales for the quarter ended June 2025 grew by 35% at 0.70 lakh units as against 0.52 lakh units in the quarter ended June 2024.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland.   TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

Key Innovations in Mobility Technologies Unveiled at EV & AutoTech Industry Forum

Demand for innovative technology features, such as connectivity, high-performance computing, driver assistance/autonomous-driving and safety, along with latest trends, such as electric vehicle and increased efficiency norms, are placing an ever-increasing emphasis on the role that software plays in a vehicle. The EV and AutoTech Innovation Forum 2025 focused on emerging Two-Wheelers AutoTech trends, hardware-Software integration, emerging roadmap in EV charging technology and software defined vehicles & ADAS megatrends for the next decade. 

The Forum witnessed participation from hundreds of leading EV Enterprises, OEM’s and ODM’s, Auto Companies, Electronics and Sensors and Smart Devices Infotainment Manufacturers, Investors and Auto Sector Thought leaders across India. The Forum witnessed participation from luminaries representing Jio Platforms, ARAI, Visteon, Harman, Varroc Connect, TATA Motors, Omega Seiki Mobility, MediaTek, Maruti Suzuki and Stellantis, among others, the forum spotlighted critical trends redefining the Indian AutoTech industry.

Steven Lee, Deputy Director, Intelligent Software Development, MediaTek said, “India is the fastest-growing connected car market, with a projected CAGR of 18% between 2025 and 2030, according to Counterpoint. Government policies, growing presence of global OEMs, seeking alternative sourcing hubs, and the rising importance of software in vehicles have together created a strategic opportunity for Indian players to enhance capabilities, accelerate growth, and establish India as a global automotive hub. As the sector continues its upward trajectory, it is strategically positioned for transformative growth in the near term, driven by 5G machine-to-machine (M2M) connectivity, sophisticated AI integration and premium Multimedia, surpassing traditional 4G frameworks. At MediaTek, we are leveraging our industry-leading expertise in MediaTek Dimensity Automotive portfolio to drive key capabilities including impressive AI, extensive feature integration, innate energy efficiency, and leading connectivity solutions. Our collaborations with OEMs help to deliver immersive, advanced in-vehicle user experiences to reach AI defined Cockpit with cybersecurity capabilities and enhanced connectivity.”

“The connected vehicle ecosystem today is a rapidly evolving landscape where vehicles are not just equipped with internet connectivity but also with advanced cloud applications suites, enabling the user to interact with his environment like home, office, shopping lists etc right from the car. Also, the vice versa i.e. Home2Car is fast becoming a reality which involves the user interacting / controlling his car right from the comfort of his car. Icing on the cake - this interaction is increasingly voice commands powered allowing the user to “Speak with the car in his/ her native Indian Language”. We are pioneering this experiential transformation and customer preference shifts by bringing first of its kind innovative solutions in close collaboration with Auto OEMs. This approach is fundamentally changing how vehicles are designed, used, maintained and therefore enhancing the overall value and experience of vehicle ownership for the customers, Said Mohan Raju, Vice President & Vertical Head, IoT, Jio.

Key sessions throughout the day examined confluence on AI-ML, edge computing, connected mobility, technological advancements in two wheeler EV’s and SDVs. Fireside chats and panels addressed EV ecosystem development, monetisation models, and the pivotal role of telematics and over-the-air (OTA) updates in enabling a seamless in-car digital experience.

Contributions were also made by clean mobility disruptors like Micelio Discovery Studio and Exponent Energy which shared paradigm-breaking models in green mobility and localized innovation.

The forum also featured a technical demo zone by Tier-1 OEM’s and live vehicle showcase by TATA Motors, Skoda, MG Motors and Matter Mobility providing a glimpse into the next generation of intelligent, connected vehicles and sustainable mobility solutions.

“With close to six decades of experience in Homologation and standardization, ARAI has expertise in R&D, Testing and Validation. ARAI has also developed indigenous Technologies in the Mobility Domain through its expertise and in house innovation. Mass-scaling of the technology in India can be achieved by an integrated approach and a combination of virtual and experiential verification and validation process. We are open to collaborate with the manufacturers in Automotive domain in the field of R&D, technology development, testing and validation and engineering services”, said Ujjwala Karle, Sr. Deputy Director & Head Technology Group, ARAI.

"India plays a pivotal role in driving the future of global automotive innovation. At Visteon, we're proud to collaborate with MediaTek and other leading partners to accelerate the transition to software-defined, AI-powered vehicles - delivering advanced cockpit technologies that elevate the driving experience” said Sivakumar Yeddanapudi, Global Vice President - Digital Cockpit and Connected Services Products, Visteon.

The day-long event on the theme ‘Hello World, Disrupt the Future’ is powered by MediaTek, a world’s leading fabless semiconductor company powering nearly 2 billion connected devices a year as AutoTech partner and supported by ARAI – Automotive Research Association of India. 

"The third edition of the EV & AutoTech Innovation Forum has reaffirmed our resolve to bring together the best minds in mobility. As electric and software-defined mobility gain momentum, the forum served as a catalyst for actionable dialogue, innovation, and ecosystem-level collaboration. We are proud to build India’s most definitive platform for future-ready mobility solutions,” said Rahul Sindhwani, CEO, Konnect Worldwide Business Media.

For more details please visit: konnectworldwide.com/autotechindia

Its current chairman, Sir Ralf Speth, has informed The Board of Directors that he will not be seeking re-appointment as a company Director at the upcoming Annual General Meeting (AGM). Consequently, he will step down as Chairman of the Company at the close of the AGM on August 22, 2025. 

The Board will also be appointing Sir Ralf Speth as Chief Mentor of the Company for a period of three years effective August 23, 2025, ensuring continued benefit from his extensive knowledge, experience and expertise.

Mr Venu Srinivasan, Chairman Emeritus, TVS Motor Company

Mr Venu Srinivasan, Chairman Emeritus, TVS Motor Company, said, "I express my sincere gratitude to Ralf for his exceptional leadership as Chairman over the last three years. His contributions have been invaluable in guiding our strategic expansion into global markets and fostering innovation that has significantly strengthened our industry standing. We are grateful for his continued support as Chief Mentor for TVS Motor and in welcoming Sudarshan into his new role. I am confident that Sudarshan, who in his capacity as Managing Director has demonstrated tremendous growth for the business, will take the Company to even greater heights.”

Sir Ralf Speth, said, "It has been an honour for me to steer TVS Motor Company as its Chairman over the last three years. I am grateful for the support, cooperation, and personal friendships developed during my tenure. As I hand over the Chairmanship to Sudarshan, I am confident that under his leadership, the Company will continue its growth journey while championing core TVS values. Sudarshan’s dynamism and passion underscore his vision for the business, and I am confident that TVS is in safe, responsible hands. I wish Sudarshan and TVS Motor a bright future ahead.”

Mr Sudarshan Venu, said, "I am very thankful to the Board for giving me this singular opportunity. I am really honoured and excited for the future and look forward to their continued support. TVS has been built on our Chairman Emeritus’s commitment to customer centricity, quality and technology. As we look to the future we have to build on these values while capitalising on new opportunities and reimagining for the future. I am most grateful to him for his continued guidance.

Sir Ralf has been instrumental in challenging and mentoring us to expand more globally, onboard international talent, embrace newer processes, and invest in future products and technology. I look forward to his continued mentorship as our Chief Mentor. Importantly, TVS has grown due to the passion and energy of the entire team. I look forward to the continued partnership in our shared future.”

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D. Power IQS & APEAL surveys and J.D. Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

For more information, please visit www.tvsmotor.com.

Benefits of Third-Party Bike Insurance

The two-wheeler third-party insurance gives peace of mind and ensures law compliance. With online third-party insurance for two-wheeler riders, securing the coverage takes more or less a few minutes. Knowing the consequences of riding without these two-wheeler third-party insurance policies will enable you to make a well-informed decision.

Consequences of Not Having Third-Party Bike Insurance
Biking without third-party bike insurance can cause severe legal and financial implications. Here is what you risk by not having third-party insurance for bike owners:

Legal Penalties for Uninsured Riding
Indian law requires all two-wheeler riders to insure themselves against third-party liability. Riding without one can attract fines, prison sentences, and license suspensions. The Motor Vehicles Act of 1988 prescribes a fine of ₹2,000 for first-time offenders and ₹4,000 for repeated offenders.

In some extreme cases, authorities can suspend your driving license or seize your vehicle. Avoid these unwanted run-ins with the law by getting third-party two-wheeler insurance to comply with legal requirements.

Financial Burden in Case of Accidents
Accidents can be costly, especially regarding efficacious compensation, such as when others stand injured, or property damage occurs. In the absence of third-party motorcycle insurance, you will have to pay the medical fees as well as repair costs.

Depending on the severity of the accident, expenses can quickly escalate, causing financial distress. Third-party insurance two-wheeler policies ensure that these liabilities do not fall on you. Taking out proper coverage will prevent financial strain.

Legal Complications in Accidents
If you're an uninsured rider involved in an accident, court cases can be filed against you by a third party seeking compensation. You could be stuck in lengthy court battles without valid third-party bike insurance. This creates substantial financial strain and leaves you with a legal standpoint.

The court could rule that the victim should be compensated, leaving you liable for a hefty payment. Compliance with the demands of third-party insurance legally requires one to avoid such unfortunate events.

Loss of No Claim Bonus (NCB) Benefits
Failing to renew your two-wheeler third-party insurance policy on time means you will lose out on any accrued NCB benefits. NCB discounts insurance premiums for every claim-free year so that you can save on the premiums. Having the NCB benefit cancelled poses a problem for other policies because the premium will shoot up for future policies.

By renewing your two-wheeler third-party insurance on time online, you can be assured of continuous coverage while saving big time. Staying insured also prevents one from experiencing any kind of financial loss.

How Does Third-Party Insurance Protect You?
Third-party bike insurance is recommended for every two-wheeler owner in India. It is, therefore, a legal requirement to secure against financial liabilities and damages caused by one another. Here's how a bike insurance policy safeguards you:

Legal Compliance
According to the Motor Vehicles Act of 1988, bike owners must have third-party insurance. Failure to do so may result in severe fines, imprisonment, or even suspension of the rider's license. Having a valid policy allows the rider to adhere to regulations and avoid any unnecessary legal troubles in the event of routine checks.

Coverage for Third-Party Injuries or Death
In some cases, accidents can lead to injuries or deaths of pedestrians or other motorists. In such cases, third-party insurance two-wheeler policies cover the medical expenses of the affected party while providing compensation. This ensures that one does not have to pay an enormous amount from his pocket. 

Financial Security Against Lawsuits
If the accident victims demand compensation from uninsured riders, things can get nasty as it would result in a legal process. This is where third-party bike insurance comes in handy, as it takes care of legal expenses and settlements and also protects the insured from unforeseen financial stress.

Riding with Peace of Mind
Riding knowing that the insurance can compensate any third-party liability that occurs provides peace of mind for most riders. Accidents can happen at any time, but the availability of some financial protection ensures that you are prepared. With third-party insurance, you can escape the worries of financial uncertainties.

Affordable and Easily Accessible Coverage
Third-party insurance is cheaper than comprehensive insurance. It provides essential protection at a reasonable premium, which makes it a good option. You can buy third-party insurance online, and the digital process of issuing and renewing any policy is much easier.

Insurance coverage on third-party two-wheelers protects against mishaps and protects you from financial misconduct. Third-party insurance for two-wheeler owners is a legal requirement and a smart investment. Online purchase for third-party insurance for two-wheeler owners provides an array of benefits. 

Two-Wheeler

Total two-wheelers registered a growth of 16% with sales increasing from 359,590 units in May 2024 to 416,166 units in May 2025. Domestic two-wheeler registered growth of 14% with sales increasing from 271,140 units in May 2024 to 309,287 units in May 2025.

Motorcycle registered sales growth of 22% with sales increasing from 173,627 units in May 2024 to 211,505 units in May 2025. Scooter sales registered a growth of 15% with sales increasing from 145,305 units in May 2024 to 166,749 units in May 2025. 

Electric Vehicle

Electric vehicles grew by 50% with sales increasing from 18,674 units in May 2024 to 27,976 units in May 2025. While EV sales continue to grow steadily, disruptions in the EV supply chain, particularly concerning magnet availability is expected to pose challenges in the short to medium term.

International Business

The Company's total exports grew by 22% with sales increasing from 96,966 units in May 2024 to 118,437 units in May 2025. Two-wheeler exports grew by 21% with sales increasing from 88,450 units in May 2024 to 106,879 units in May 2025.

Three-Wheeler

Three-wheeler of the Company registered a growth of 46% with sales increasing from 10,324 units in May 2024 to 15,109 units in May 2025. Three-wheeler EV registered sales of 1,829 units in May 2025.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

For more information, please visit www.tvsmotor.com.

TVS Motor Company registered a growth of 16% with sales increasing from 383,615 units in April 2024 to 443,896 units in April 2025. 

Two-Wheeler

Total two-wheelers registered a growth of 15% with sales increasing from 374,592 units in April 2024 to 430,330 units in April 2025. Domestic two-wheeler registered growth of 7% with sales increasing from 301,449 units in April 2024 to 323,647 units in April 2025.   

Motorcycle registered a growth of 17% with sales increasing from 188,110 units in April 2024 to 220,527 units in April 2025. Scooter registered a growth of 18% with sales increasing from 144,126 units in April 2024 to 169,741 units in April 2025. 

Electric Vehicle

Electric Vehicles of the company recorded a growth of 59% with sales increasing from  17,403 units in April 2024 to 27,684 units in April 2025.

International Business

The Company's total exports registered a growth of 45% with sales increasing from 80,508 units in April 2024 to 116,880 units in April 2025. Two-wheeler exports registered a growth of 46% with sales increasing from 73,143 units in April 2024 to 106,683 units in April 2025. 

Three-Wheeler

Three-wheeler of the Company registered a growth of 50% with sales increasing from 9,023 units in April 2024 to 13,566 units in April 2025. 

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

For more information, please visit www.tvsmotor.com.

Electric Bike Insurance

Now, for people planning to buy an EV bike or scooter, electric bike insurance is a factor they must consider. It is a mandatory requirement, just like bike insurance, and knowing the differences between the two and the key factors to consider while choosing can help make informed decisions.

Keep reading!

What is EV Bike Insurance? 
Electric Vehicle (EV) bike insurance is specifically designed to meet the special needs of electric bikes and scooters. Its coverage would include the subjective coverage of bike insurance, such as third-party liabilities, plus personal accident cover, but all under the ambit of electronic vehicle component risks. 

Such plans cover the electric bike’s battery, motor, and other electronic parts. They provide financial protection from potential damages and losses while legally being required to ride the EV two-wheeler on public roads. 

Key Difference Between Traditional and Electric Bike Insurance 
Fundamentally, both traditional and electric bike insurance are similar. They provide financial protection for the two-wheeler against accidents, theft and more. However, they differ in some aspects:

• Conventional bike insurance covers the engine and mechanical components essential for running petrol-or diesel-powered bikes. 

• Electric bike insurance covers the most important parts of EV bikes: the electric motor, battery pack, and associated electronic circuitry. 

Types of Coverage Under Electric Bike Insurance Policies 
Whether you purchase bike insurance online or offline, knowing in depth about all the coverage options is customary to make an informed decision. Here are the categories of coverage you will find under EV bike insurance plans: 

• Third-Party Coverage: This is a legal requirement for all vehicles. It will cover the damage or injuries caused by your EV to third-party individuals, vehicles and properties. 

• Comprehensive Cover: These insurance policies provide complete protection for your EV bikes. This entails third-party liabilities and damages to your EV or its parts due to accidents, thefts, natural disasters, etc.

EV insurance policies offer various add-on covers to enhance your vehicle's protection. Here are some add-on covers to consider: 

• Battery Protection: The battery is an EV bike's most essential and costly component. This add-on feature covers the battery's repair and replacement costs. 

• Roadside Assistance: Your EV bike may break down in the middle of the road due to a technical malfunction or damage. This add-on feature helps cover the costs of towing, flat tyre changes, and on-site minor repairs. 

• Zero Depreciation: This essential add-on cover helps get a full claim settlement for parts replaced after an accident without considering depreciation, which is highly beneficial for costly EV components. 

Key Factors to Consider While Buying EV Bike Insurance 
While selecting electric bike insurance, it is essential to keep these factors in mind: 

• Relevance of Insurance Declared Value (IDV)

IDV is the maximum amount you can claim in case of theft or total loss of your EV two-wheeler. Such vehicles and their components are expensive, so ensure that the IDV covers the full value of your electric bike. 

• Coverage for Battery and Other Parts 

EV batteries are expensive yet vital to a bike. Ensure the policy covers battery and electric motor damage or replacement costs. 

• Personal Accident Cover

It protects the rider from medical and financial losses in an accident. Having this cover is essential to ensure peace of mind during any journey. 

• Policy Exclusions 

Understand the policy's exclusions so you can customise it and take necessary add-on features into account. This will ensure comprehensive protection for your vehicle. Common exclusions include breakdowns, wear and tear of components and substance-related damages. 

Benefits of Buying Electric Bike Insurance
Electric bike insurance caters to the specific needs of EVs and provides the following benefits:

• Extensive Protection

Electric bike insurance offers comprehensive protection for EV bikes and their components in case of theft, damage, or loss. It also covers third-party liabilities and accidental damages. 

• Cost Efficient 

You can easily purchase electric bike insurance online through various digital platforms. This eliminates intermediary fees and helps you find a suitable policy at the best rate. They also offer multiple discounts throughout the year that will help you save a lot on the premium amount. 

• Legal Benefits

According to the Motor Vehicles Act 1988, every bike owner needs to have insurance coverage for third-party liabilities. So, buying EV insurance will help you easily navigate the legal aspects of owning an electric bike. 

How to Choose the Right Insurance for Your EV Bike? 
While choosing an insurance policy for your EV bike, it is essential to consider the following key factors:

• Assess Your Needs 

Consider your vehicle usage and analyse the possible associated risks related to its components. It will help you determine an adequate coverage amount for your bike.

• Research and Compare Policies 

Evaluate multiple policies and insurance providers for better insights into their offerings and pricing. This will help you find the best option that meets your needs and fits your budget. 

• Carefully Read the Policy Documents 

Attentively read all the policy documents to understand the terms and conditions, coverage, exclusions, etc., to avoid any hassle during claim settlement or policy renewal. 

Since electric two-wheelers have unique needs, investing in electric bike insurance is wise. With the right insurance plan, you can ride stress-free, comply with the legal requirements and reduce out-of-pocket expenses in case of any unforeseen mishaps. 

TVS Motor Company posted highest ever revenue for the financial year 2024-25 at Rs. 36,251 Crores registering a growth of 14% as against Rs. 31,776 Crores recorded in 2023-24.

Operating EBITDA for the year improved by 120 bps at 12.3% over the last year. The PBT for the year ended March 2025 grew by 31% at Rs. 3,629 Crores as compared to Rs. 2,781 Crores reported during previous year. PAT for the year ended March 2025 is at Rs. 2,711 Crores as compared to Rs. 2,083 Crores reported during the year ended March 2024.

Q4 - Performance
TVS Motor Company’s revenue from operations in the quarter ended March 2025 grew by 17% at Rs. 9,550 Crores against Rs. 8,169 Crores in the quarter ended March 2024.

The Company posted highest ever Operating EBITDA of Rs. 1,333 Crores for the fourth quarter as against Rs. 926 Crores in fourth quarter of 2023-24. The Company posted Profit Before Tax (PBT) of Rs. 1,112 Crores in the fourth quarter of 2024-25 as against Rs. 672 Crores in the fourth quarter of 2023-24.

During the quarter, the company recognized Production Linked Incentive (PLI) pertaining to the full financial year 2024-25 based on the progress made in line with the MHI's SOP on PLI.

The Company’s Operating EBITDA margin is at 14.0% in Q4. Excluding the PLI benefit of previous quarters, Q4 EBITDA margin would be at 12.5% as against 11.3% during Q4 of last year.

Sales FY 2024-25
During the year ended March 2025, the overall two and and three-wheeler sales of TVS Motor Company, grew by 13% at 47.44 Lakh units as against 41.91 Lakh units in the year 2023-24. Motorcycles sales during the fiscal year grew by 10% recording 21.95 Lakh units as against 19.90 Lakh unit in the year ended March 2024. Scooter sales during the fiscal year grew by 21% at 19.04 Lakh units as against 15.70 Lakh units in the year ended March 2024.

Electric vehicles grew by 44% registering sales of 2.79 Lakh units in the year 2024-25 as against 1.94 Lakh units during 2023-24. TVS Motor now has more than five lakh delighted EV customers. Three-wheeler sales for the fiscal year is at 1.35 Lakh units in the year ended March 2025 as against 1.46 Lakh units in the year ended March 2024.

Sales Q4 2024-25
The overall two-wheeler and three-wheeler sales including exports grew by 14% at 12.16 Lakh units in the quarter ended March 2025 as against 10.63 Lakh units registered in the quarter ended March 2024. Motorcycle sales for the quarter ended March 2025 grew by 10% registering 5.64 Lakh units as against 5.11 Lakh units in quarter March 2024. Scooter sales for the quarter ended March 2025 grew by 27% registering 5.02 Lakh units as against 3.96 Lakh units in the fourth quarter of 2023-2024.

Electric vehicles grew by 54% registering sales of 0.76 Lakh units in the quarter ended March 2025 as against 0.49 Lakh units during the quarter ended March 2024. Three-wheeler sales for the quarter under review grew by 21% registering 0.37 Lakh units as against 0.30 Lakh units in the fourth quarter of 2023-24.

About TVS Motor Company
TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

2025 TVS Apache RR310 in a new Sepang Blue Race Replica Colour Scheme

The TVS Apache RR 310 is a masterpiece forged from over four decades of TVS Racing dominance. Engineered for pure performance, it takes inspiration from the record-shattering machine that dominated the Asia Road Racing Championship (ARRC) with a best lap time of 1:49.742 seconds and a blazing top speed of 215.9 km/h. This isn’t just a motorcycle—it’s a statement of speed, precision, and racing pedigree.

First launched in 2017, the Apache RR310 has been a pioneer in the super sport motorcycle segment, setting benchmarks in power, technology, and design. With continuous evolution, the latest upgrade introduces key enhancements that elevate its appeal and riding experience.

Added Features

• Launch Control

• Cornering Drag Torque Control

• Gen-2 Race Computer

• Sequential TSL

• 8 Spoke Alloys

The all-new TVS Apache RR 310 will be available in two variants with three BTO customization options. Designed for pure super sport performance, it features an aggressive fully-faired design and race-focused ergonomics for optimal control on the track. Equipped with four dynamic riding modes - Track, Sport, Urban, and Rain; it adapts seamlessly to varying conditions. Powering the machine is a refined reverse-inclined DOHC engine, delivering an impressive 38 PS at 9,800 rpm and a peak torque of 29 Nm at 7,900 rpm, ensuring an exhilarating ride.

Segment First Features

1. Sequential TSL

2. Cornering Drag Torque Control (RT-DSC)

Additional New Features

1. Launch Control (RT-DSC)

2. Gen-2 Race Computer with Multi Language Support

3. 8 Spoke Alloy Wheels

Speaking about the launch, Vimal Sumbly, Head Business – Premium, TVS Motor Company, said, "Since its debut in 2017, the TVS Apache RR 310 has emerged as a formidable force in the super-premium sport motorcycle segment, redefining performance benchmarks through its race-bred DNA. Rooted in over 43 years of TVS Racing heritage, it embodies our relentless pursuit of innovation and excellence. The latest evolution of the RR 310 integrates cutting-edge technologies such as segment-first : sequential turn signal lamps (TSL), Launch Control, and Drag Torque Control—reinforcing our leadership in rider-focused advancements. The new BTO Race Replica colourway pays tribute to our record-breaking TVS Asia One Make Championship legacy. With this latest avatar, the Apache RR 310 not only pushes the boundaries of track performance but also elevates everyday rideability—delivering a thrilling yet refined experience that appeals to both spirited racers and discerning enthusiasts.”

A striking new Sepang Blue Race Replica colour scheme inspired from the TVS Asia OMC race bike has been introduced with the upgraded TVS Apache RR310.

TVS Apache RR310 will be available in three standard SKUs and three BTO (Built to Order) customizations, with ex-showroom pricing as follows:

Bookings for the new TVS Apache RR310 is now open.

The latest updates reaffirm TVS Apache RR 310’s position as a leader in the super premium motorcycle category. With advanced rider aids and premium features, it continues to push the boundaries of technology and performance, offering riders an exhilarating experience on the road and track.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

TVS Apache Product Line-Up

Expressing his gratitude on these milestones, Sudarshan Venu, Managing Director, TVS Motor Company said, "We are immensely grateful to the 6 million+ passionate riders of TVS Apache for their unwavering trust and enthusiasm over the last 20 years. Their love for performance and adrenaline has propelled TVS Apache to become one of the fastest-growing sports motorcycle brands globally. This milestone belongs to every member of the TVSM family - our engineers, designers, factory teams, dealers, suppliers, and partners - who push the limits of innovation every day. TVS Apache’s enduring success emanates from cutting-edge racing technology, precision engineering, and unmatched performance. It is a testament to our relentless commitment to empowering the new generation of young riders who live and breathe the thrill of motorcycling.”

A Motorcycle Built on Race Performance and Trust

Forged from 43 years of TVS Racing heritage and inspired by the track, TVS Apache embodies the essence of high-performance motorcycling, agility, innovation, and the quintessential rider’s spirit. Over the years, TVS Apache’s popularity has soared across key global markets like in Asia (Bangladesh, Nepal), in LATAM (Colombia, Guatemala, Mexico, Honduras), and in Africa (Guinea region). Fuelled by racing DNA, it continues to redefine performance worldwide. Beyond these markets, TVS Apache also has a growing presence in Europe (Italy).

• The launch of the TVS Apache in 2005 marked a significant milestone for the brand, introducing the Apache 150 as its first model. 

• This motorcycle was designed to cater to the growing demand for performance-oriented motorcycles in India, and its introduction signalled TVS’s entry into the premium segment of the market.

• TVS Apache is the first Indian two-wheeler brand to offer factory customization, (Build-To-Order) BTO option.

• Its global community of 6 million race enthusiasts showcases the incredible trust placed in the brand. 

TVS Apache: Racing-Inspired Precision

• Rooted in TVS Racing’s "Track to Road" philosophy, Apache bikes embody agility, precision, and high performance.

• Every aspect, from design to technology, is shaped by racetrack experience.

• Committed to democratizing racing, TVS Apache builds world-class machines and a passionate rider community.

TVS Apache: Innovation & Global Growth

• TVS Apache has become one of the fastest-growing global sports motorcycle brands.

• It operates on two platforms: Apache RR (race-focused) and Apache RTR (street-performance) - Both series draw from TVS Racing’s motorsport legacy, delivering cutting-edge technology and performance.

• TVS Apache has been a leader in performance, safety and innovation with the introduction of multiple segment first technologies.

Commenting on the milestone, Mr. Vimal Sumbly, Head – Premium Business, TVS Motor Company said, “TVS Apache has been at the forefront of premium motorcycling, embodying our strategic vision of building a brand rooted in racing excellence and innovation. Over the past 20 years, Apache has redefined performance motorcycling and has created a thriving ecosystem through the Apache Owners Group, uniting passionate riders globally. Crossing the 60 lakh customer milestone is a testament to the brand’s relentless pursuit of excellence, pioneering segment-first innovations, and delivering unparalleled consumer experiences. As we move forward, we remain committed to pushing the boundaries of performance, technology, and community engagement to shape the future of premium motorcycling. Apache is more than a motorcycle-it’s a movement, a legacy, and a community of racing enthusiasts.”

With over 300,000+ globally connected riders in the Apache Owners Group (AOG), TVS Apache has created a passionate and engaged global community that shares a love for performance and the thrill of riding. The brand has provided them with opportunities to participate in events, track days, and meet-ups, further strengthening the bond with its customers. In the next chapter of its journey, TVS Apache will continue to fuel the dreams of riders and offer them the ultimate racing experience, one that embodies the thrill of the track and the power of precision.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

TVS Motor Company registered a growth of 17% with sales increasing from 354,592 units in March 2024 to 414,687 units in March 2025. 

Two-Wheeler

Total two-wheelers registered a growth of 16% with sales increasing from 344,446 units in March 2024 to 400,120 units in March 2025. Domestic two-wheeler registered growth of 14% with sales increasing from 260,532 units in March 2024 to 297,622 units in March 2025.   

Motorcycle registered a growth of 15% with sales increasing from 171,611 units in March 2024 to 196,734 units in March 2025.  Scooter registered a growth of 27% with sales increasing from 131,472 units in March 2024 to 166,297 units in March 2025. 

Electric Vehicle

The electric vehicles recorded a growth of 77% with sales increasing from 15,250 units in March 2024 to 26,935 units in March 2025. 

International Business

The Company's total exports registered a growth of 23% with sales increasing from 91,972 units in March 2024 to 113,464 units in March 2025. Two-wheeler exports registered a growth of 22% with sales increasing from 83,914 units in March 2024 to 102,498 units in March 2025. 

Three-Wheeler

Three-wheeler of the Company registered a growth of 44% with sales increasing from 10,146 units in March 2024 to 14,567 units in March 2025. 

Fourth Quarter Sales Performance FY 2024-25:

During the fourth quarter of the financial year 2024-25, two-wheeler of the company registered  a growth of 14% with sales increasing from 10.32 Lakh units in the fourth quarter of financial year 2023-24 to 11.80 Lakh units. Three-wheeler of the company registered a growth of 21% with sales increasing from 0.30 Lakh units in the fourth quarter of financial year 2023-24 to 0.37 Lakh units in the fourth quarter of the financial year 2024-25. Total exports registered a growth of 31% with sales increasing from 2.60 Lakh units in the last quarter of FY 2023-24 to 3.40 Lakh units in the fourth quarter of the financial year 2024-25. 

Sales Performance FY 2024-25:

During the financial year 2024-25, the company registered a growth of 13% with total sales increasing from 41.91 Lakh units in FY 2023-24 to 47.44 Lakh units.  Two-wheeler sales of the company registered a growth of 12% with sales increasing from 38.51 Lakh units in FY 2023-24 to 43.30 Lakh units in FY 2024-25. Three-wheeler of the company registered 1.35 Lakh units in FY 2024-25 as against 1.46 Lakh units in FY 2023-24. Total exports registered a growth of 18% with sales increasing from 10.13 Lakh units in FY 2023-24 to 11.95 Lakh units in FY 2024-25.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com. 

The 2025 car&bike Awards and Jury Round was spearheaded by car&bike Editor-in-Chief Girish Karkera. The car jury also included International Racing Driver Parth Ghorpade, Auto Expert Bhuvan Chowdhary, car&bike Senior Editor Shams Raza Naqvi and car&bike Assistant Editors Seshan Vijayraghavan and Bilal Firfiray.
 

Car of the Year - Jan Buras, Executive Director of Sales, Marketing & Digital, Skoda Auto Volkswagon India Pvt. Ltd.
 

The two-wheeler jury was led by car&bike Senior Editor Preetam Bora, and included Two-Wheeler Expert & Content Creator Sagar Sheldekar, Former Auto Journalist and Head of Business, BigRock Dirt Park, Ashok George, Motorcycle Expert Pushkar Patil, Auto Expert Ogden Fernandes, car&bike Assistant Editor Janak Sorap, along with actor and auto enthusiast Satyadeep Mishra.
 

“Last year was a significantly challenging one for the automotive industry. But the juggernaut didn’t slow down as the Indian auto industry continued to churn out numbers on the sales chart. With more new models launched we even had a bigger challenge to pick the best ones. But thanks to our experienced jury and our audit partners we were able to ensure the deserving get their due. Not necessarily populist but definitely credible,” said Girish Karkera, Editor-in-Chief, car&bike.
 

To pick the best designs amongst the scores of nominations, a third exclusive jury for design included Director and Dean of Strate School of Design, Thomas Dal, Co-founder of Studio34 Designart, Aashish B. Chaudhary and Owner of C Design, Punit Chaphekar.
 

Viewers Choice Bike - Kunal Joshi, Corporate Communications, Hero MotoCorp (Left) Rahul Madan, Brand Manager - Xtreme, Hero MotoCorp (Centre)
 

The winners were selected among nearly 60 nominations which were put through stringent assessments by the two juries at the Madras International Circuit, Chennai. After a thorough and elaborate assessment, followed by voting, the winners were chosen, with the votes and data being validated by Divergent Insights, the validation partners.
 

The awards ceremony was held at JW Marriott, Aerocity, New Delhi, amidst a gathering of some of the most illustrious leaders of the Indian Automobile industry. Winners of the top honours, including Car of the Year, Motorcycle of the Year and Scooter of the Year, among others, were felicitated during the awards ceremony.
 

The car&bike Awards also have the distinction of having India’s most voted for Viewers’ Choice categories. The car&bike Viewers’ Choice Car, Motorcycle of the Year are sought-after trophies at each year’s event. The 2025 car&bike Awards Viewers’ Choice Car of the Year is the Mahindra Thar Roxx, car&bike Viewers’ Choice Motorcycle of the Year is the Hero Xtreme 125R. At the Special Citations category, the 2025 car&bike Manufacturer of the Year is Tata Motors and the 2025 car&bike Engine of the Year goes to the Nissan X-Trail.
 

Full List of Winners

Two-Wheeler

Total two-wheelers registered a growth of 10% with sales increasing from 357,810 units in February 2024 to 391,889 units in February 2025. Domestic two-wheeler registered growth of 3% with sales increasing from 267,502 units in February 2024 to 276,072 units in February 2025.

Motorcycle registered a growth of 5% with sales increasing from 184,023 units in February 2024 to 192,960 units in February 2025. Scooter registered a growth of 24% with sales increasing from 132,152 units in February 2024 to 164,415 units in February 2025.

Electric Vehicle

EV sales registered a growth of 34% with sales increasing from 17,959 units in February 2024 to 24,017 units in February 2025. 

International Business

The Company's total exports grew by 26% increasing from 98,856 units registered in February 2024 to 124,993 units in February 2025. Two-wheeler exports registered a growth of 28% with sales increasing from 90,308 units registered in February 2024 to 115,817 units in February 2025. 

Three-Wheeler

Three-wheeler registered a growth of 14% with sales increasing from 10,614 units in February 2024 to 12,087 units in February 2025.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com

For more information, please contact: corpcom@tvsmotor.com.

Best-Selling Used Cars in India
 

According to CARS24’s report, “Gears of Growth,” Maruti Suzuki and Hyundai dominated the scene, with Maruti leading the pack, accounting for 36% of all used cars sold, while Hyundai followed closely with 22%. But which used cars were the real stars of 2024? Let's dive in and find out which models took the spotlight!
 

1. Maruti Suzuki Swift
First up, the pre-owned Maruti Suzuki Swift - this little hatchback was the undisputed champion, accounting for 6% of all used car sales in 2024. The Swift had been a bestseller for years in the second hand car market, and its popularity showed no signs of fading. People loved its sporty look, reliable performance, and budget-friendly price. It was a hit with both young buyers and families looking for an affordable yet stylish option. The Swift’s fuel efficiency (up to 25 kmpl!) and low maintenance costs made it a no-brainer for many.
 

2. Hyundai i10
Next, we have the pre owned Hyundai i10. Even though it was getting a bit older, the i10 still managed to stay relevant in the used car market, accounting for 4% of sales. Its compact size made it perfect for city driving, and it offered a smooth, comfortable ride with features like power windows and a responsive steering system. With a fuel economy of around 19 kmpl, it was a great choice for daily commuting.
 

3. Honda City
Now, let’s talk about the second hand Honda City, the go-to sedan for comfort and luxury. In 2024, the City was the most popular used sedan, making up 3.5% of all used car sales. Known for its spacious interior, plush features, and smooth ride, the City was a favorite for those who wanted a little extra refinement without breaking the bank. Whether it was the third or fourth generation, the Honda City was all about performance and efficiency, with the petrol version offering around 17 kmpl and the diesel clocking in at over 22 kmpl.
 

4. Maruti Suzuki Swift Dzire
If you were looking for something a bit more stylish than the Maruti Suzuki Swift but still practical, the second hand Maruti Suzuki Swift Dzire was the perfect option. This compact sedan captured 3.5% of the used car market in 2024. With a spacious cabin, decent tech features, and a smooth ride, the Dzire struck the ideal balance between comfort and affordability. And with fuel efficiency of up to 25 kmpl, it was an economical choice for those who wanted to save on running costs.
 

5. Maruti Suzuki Wagon R 1.0
The used Wagon R, a staple on Indian roads for years, was another favorite in 2024, especially the 1.0-liter variant. Its tall-boy design, roomy interiors, and practicality made it perfect for families and first-time car buyers. With fuel efficiency around 21 kmpl and extremely low maintenance costs, it was an ideal choice for budget-conscious buyers. The best part? 95% of used Wagon Rs sold in 2024 had a manual transmission, proving that people loved the simplicity and control it offered.
 

6. Hyundai Grand i10
Finally, we have the Hyundai Grand i10, a car that continues to shine in the pre owned car market. Its compact design and feature-packed interior made it especially popular with urban buyers. With features like rear AC vents, keyless entry, and a touchscreen infotainment system, the Grand i10 offered a lot of bang for the buck. The petrol version, with a mileage of around 19 kmpl, was the most preferred, and Hyundai’s extensive service network made ownership hassle-free.
 

Wrapping it up
In 2024, the used car market in India was driven by value-conscious buyers looking for reliable, affordable options. The Swift, i10, Wagon R, and City stood out for their practicality and performance, while the Dzire and Grand i10 offered extra comfort and features. As the second hand car market continues to grow, it’s clear that consumers are making smart, well-researched choices to get the most out of their purchases – and it looks like the trend is here to stay!

KRIDN X

Built on six years of experience, KRIDN X is the result of over 2,000 vehicles running across multiple countries in Africa and India, accumulating millions of kilometres of real-world data.

Gaurav Uppal, CEO One Electric, shares, “Our past experience in successfully running our electric motorcycles across varied road conditions, driving habits, geographies and use cases, led us to the development of KRIDN X. While our flagship model, KRIDN, met all expectations and requirements of the riders, we realized that three important factors will be required to scale operations to a larger level globally. Quality, Affordability and Range.

The mass market requires a more affordable motorcycle, with the option for extended range of up to 200 Km per day, without the need for charging or battery swapping. This is to be delivered with the same high torque and build quality.”

CTO One Electric Abhijeet Shah further adds, ”KRIDN X was specifically developed to achieve the 3 objectives of Quality, Price and Range. Over the last 2 years of development, we worked extensively with top OE suppliers to get the best quality components at a more affordable price point. We are proud to say that we have achieved 100% Localisation of our bike. This has made it possible for us to offer warranty of upto 4 years and 60,000 Kms.

The market has now understood and accepted the advantages an EV over ICE vehicles, and the data shows that the EV scooter segment has now reached almost 20% of the total scooter market. However, the same cannot be said for the EV motorcycle segment which has only around 1% market penetration, as there are no products which cater to the specific needs of this market segment. We see this gap as a huge opportunity for our bike and having considered all the requirements of this market have designed the KRIDN X accordingly. Our target is to achieve 30,000 units per month sales in the coming 3 years and become the preferred choice for EV motorcycles in India.”

KRIDN X claims to have high torque, sufficient for heavy load operations of upto 225 Kgs, easily handling the high gradients present in the cities. Even though KRIDN X offers sufficient range for all intra city operations, the company does have provisions for swapping their batteries in case of specific user requirements.\

One Electric plans to roll out their electric motorcycle, The KRIDN X, in Delhi NCR & Pune in the first phase in April this year. Thereafter, they will gradually expand their network across the country in a phased manner.

“We believe that having a great product is not enough. Excellent after sales service and easily available, affordable spare parts are equally important for our customers confidence. Our strategy will be to focus on working with select B2B companies, along with limited numbers for direct consumers. Thereafter we will gradually expand operations, while ensuring that all our customers are delighted with their vehicles. We are confident that the KRIDN X will be well received and create a niche for itself,” added Gaurav Uppal.

One Electric Motorcycles was established in 2019, and has various design patents of their two wheelers, which are completely made in India. Other than operations in India and multiple countries in Africa, the company is also evaluating the US, Europe and South East Asian markets in the near future.

contact@oneelectric.in, oneelectric.in.

Axxis- MSI Team Bike

Axxis Helmets is celebrated worldwide for its innovative designs, uncompromising safety standards, and a diverse range of products, including full-face, modular, jet, and off-road helmets.

"With WESNAP INDIA, we are excited to strengthen our presence in India and deliver helmets that redefine safety, comfort, and style," said Ivan Abdad, CEO of MT Group.

Navukkarasu Subbiah and Niraj Singh, partners at WESNAP INDIA, expressed their enthusiasm, "We’re thrilled to take on the distribution of Axxis Helmets in India. By combining our robust distribution network with Axxis’ world-class products, we aim to make Axxis Helmets the preferred choice for motorcyclists across the country."

Under WESNAP INDIA’s leadership, Axxis Helmets plans to elevate its brand presence through strategic marketing initiatives, stronger dealer partnerships, and rider-focused events. Together, the brands are poised to set new benchmarks in the Indian motorcycle gear industry.

For more information, visit www.axxis-helmets.com.

TVS Motor Company has partnered with Gujarat Tourism to bring an unparalleled motorcycling experience to the ongoing Rann Utsav

Recognized as a key driver of India’s tourism-led economic growth, the festival plays a pivotal role in shaping Viksit Gujarat for Viksit Bharat, aligning with the Prime Minister’s vision of Viksit Bharat @2047. By merging tradition with modernity, Rann Utsav has evolved into a platform that showcases India’s artistic heritage and contributes to sustainable development through cultural tourism.

Speaking about the partnership, Vimal Sumbly, Head Business – Premium, TVS Motor Company, said: “At TVS Motor Company, we have always believed in blending lifestyle, adventure, and culture with our motorcycles. The Rann Utsav was the perfect backdrop to showcase the unique synergy between motorcycling and India’s rich artistic heritage. The ‘Rann Utsav’ edition of TVS Ronin motorcycles is a tribute to Gujarat’s vibrant traditions, seamlessly integrating the regional artistry into their design. This collaboration was a step towards celebrating the essence of riding with a cultural spirit and is our commitment towards the Prime Minister's vision of prioritizing India's tourism sector.”

Adding to this, Rajender Kumar, Secretary of the Tourism, Devasthanam Management, Civil Aviation & Pilgrimage Departments, Sachivalaya, Gandhinagar, remarked, "Rann Utsav has grown into one of India’s most iconic cultural celebrations, drawing millions of visitors and showcasing Gujarat’s rich heritage and unique landscape of white Rann on the global stage. In line with the Prime Minister's vision of Viksit Bharat @2047, the festival plays a crucial role in driving cultural tourism and shaping Gujarat’s development. This collaboration with TVS Motor Company is a testament to how tradition and modern craftsmanship can come together to create something extraordinary, further strengthening Gujarat’s position as a premier tourism destination."

Rann Utsav: A Celebration of Culture and Tradition

Rann Utsav, an annual cultural extravaganza organized by Gujarat Tourism, is one of India’s most sought-after tourism events. Held in the breathtaking Rann of Kutch, the festival showcases the vibrant traditions, folk music, dance, and craftsmanship of the region. What started as an initiative to boost tourism in 2005 for just three days, has now become a global attraction, drawing visitors from across the world to witness the magic of the White Desert under a moonlit sky.

Experiential Highlights at Rann Utsav

As part of this collaboration, TVS Motor Company also curated unique engagement activities to enhance the experience for hundreds of its TVS Ronin and TVS Apache customers, along with other motorcycling enthusiasts:

• The TVS Adventure Zone – At the heart of Tent City, visitors explored thrilling adventure activities and marveled at a specially designed TVS Ronin Bike Installation, symbolizing the fusion of motorcycling and culture.

• Sunset Expedition – Riders embarked on an exclusive journey to Sunset Point, capturing the breathtaking views of the White Rann while visiting other key local attractions.

• Celestial Sojourn – A mesmerizing star-gazing experience under the vast expanse of the Rann sky, offering participants a moment of tranquility and connection with nature.

• The Road to Heaven Ride – An unforgettable morning ride through the scenic ‘Road to Heaven,’ a picturesque stretch that cuts through the heart of the Rann of Kutch.

• Cultural Immersion – Guests indulged in Gujarat’s rich heritage through traditional art showcases, folk music performances, and an authentic culinary experience, bringing the spirit of Rann Utsav to life.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

TVS Motor Company recorded monthly sales of 397,623 units in January 2025 with a growth of 17% as against 339,513 units in the month of January 2024.  

Two-Wheeler

Total two-wheelers registered a growth of 18% with sales increasing from 329,937 units in January 2024 to 387,671 units in January 2025. Domestic two-wheeler registered growth of 10% with sales increasing from 268,233 units in January 2024 to 293,860 units in January 2025.

Motorcycle registered a growth of 12% with sales increasing from 155,611 units in January 2024 to 174,388 units in January 2025. Scooter registered a growth of 29% with sales increasing from 132,290 units in January 2024 to 171,111 units in January 2025.

Electric Vehicle

EV sales registered a growth of 55% with sales increasing from  16,276 units in January 2024 to 25,195 units in January 2025.   

International Business

The Company's total exports grew by 46% increasing from 69,343 units in January 2024 to 101,055 units in January 2025. Two-wheeler exports registered  a growth of 52% with sales increasing from 61,704 units registered in January 2024 to 93,811 units in January 2025. 

Three-Wheeler

Three-wheeler of the Company registered growth of 4% with sales increasing from 9,576 units in January 2024 to 9,952 units in January 2025.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D.Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com. 

SKF India launches Nationwide Mobile Van Campaign to empower two-wheeler mechanics

Counterfeiting remains a significant challenge in the automotive aftermarket industry, posing risks to both customers and mechanics. This mobile van campaign focuses on addressing this issue by raising awareness about counterfeit products and educating mechanics on the necessity of using genuine parts. This campaign will educate mechanics on how to identify genuine SKF products via SKF Authenticate app. 

SKF India's Mobile van with a wide range of two-wheeler offerings

"At SKF, we believe in fostering strong partnerships within the automotive ecosystem," said Alagesan Thasari, Director of SKF Automotive India & Southeast Asia. "This campaign is a step forward in ensuring customer satisfaction and enhancing the skills of mechanics who are vital to the ecosystem. By providing them with the knowledge, tools, and resources they need to succeed, we aim to not only enhance their skills but also contribute to a more sustainable and efficient automotive aftermarket." 

The mobile van showcases SKF’s wide range of two-wheeler offerings, providing mechanics hands-on interaction with high-quality solutions. Further to this, customers can avail benefits under SKF’s 15-month warranty program, which underscores the company’s commitment to quality and reliability. By providing assistance within the warranty period, SKF helps customers reduce maintenance costs and improve vehicle efficiency.

In line with its purpose - ‘Together, we re-imagine rotation for a better tomorrow,’ SKF remains dedicated to developing intelligent and clean solutions that contribute to a sustainable and better tomorrow for both people and the planet. Through this campaign, SKF reinforces its position as a trusted partner in driving positive change within the automotive industry. 

About SKF
SKF is a world-leading provider of innovative solutions that help industries become more competitive and sustainable. By making products lighter, more efficient, longer lasting, and repairable, we help our customers improve their rotating equipment performance and reduce their environmental impact. Our offering around the rotating shaft includes bearings, seals, lubrication management, condition monitoring, and services. Founded in 1907, SKF is represented in approximately 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2023 were SEK 103,881 million and the number of employees was 40,396. www.skf.com/in

On the left: Somkiat Chantra; on the right: Lucio Cecchinello, Principal of IDEMITSU Honda LCR

IDEMITSU Honda LCR is a racing team headquartered in Monte Carlo, Monaco. Since 2006, the team has been competing in the MotoGP class, the pinnacle of motorcycle racing.

Somkiat Chantra will participate in the 2025 season with the IDEMITSU Honda LCR Team as the first Thai rider to compete full-time in the MotoGP class, starting with the Thai GP. Meanwhile, SOLIZE also plans to establish an overseas subsidiary, SOLIZE (Thailand) CO., Ltd. in Thailand in February 2025, in addition to its existing overseas subsidiaries in China, India, and the US, to further expand business in the ASEAN region.

SOLIZE will support Somkiat Chantra through this sponsorship agreement as a partner taking on the world from Thailand.

Since its establishment, SOLIZE has been using digital technology to innovate in the digitalization of manufacturing and digital manufacturing. We have been providing services to the auto industry, including the R&D divisions of the motorcycle and car industry, and have many engineers with strengths in this area. Through this sponsorship, we aim to appeal to stakeholders in the motorcycle business, as well as provide technological assistance in races.

Lucio Cecchinello, Principal of IDEMITSU Honda LCR

We are delighted to start the partnership with SOLIZE for the 2025 season. Alongside Thai rider Somkiat Chantra, we are committed to giving our best on track and off track, and the agreement with SOLIZE is key for us as a team. Continuing to grow and thinking about the future, we believe the partnership will help both sides. We want to thank every member of the SOLIZE board for their sponsorship support.

Somkiat Chantra

2025 will be my first MotoGP season, a milestone for Thailand. The support from SOLIZE, a company with plans to expand and be present in Thailand, is important in this new journey of my sporting career. I am extremely proud to represent both my country and SOLIZE. I want to thank them for their unwavering support; I will give my best.

Yasutoshi Kudo, President & CEO, SOLIZE Corporation

SOLIZE conducts its everyday business activities with the corporate philosophy of “True evolution you can experience”. We define “evolution” as “exponential growth transcending existing boundaries” and “not as passive change responding to environmental change, but as proactive change made by the initiative of individuals”. We believe Somkiat Chantra’s promotion to MotoGP is proactive change made possible through his initiative, which embodies our idea of “evolution”. SOLIZE, on our part, is planning to establish SOLIZE (Thailand) Co., Ltd. in February of this year as the first step in our “evolution”. We support IDEMITSU Honda LCR and Somkiat Chantra as partners who are taking on the world from Thailand in 2025 aiming for the next stage in the “evolution”.

Yusuke Inoue, Senior Executive Officer, SOLIZE Corporation

As a partner in taking on a large challenge, I’m thrilled that Somkiat Chantra’s debut in MotoGP as a Thai racer coincides with the launch of SOLIZE (Thailand) Co., Ltd. I’ve also participated in the Motocross World Championship as the head of development, where I was fortunate enough to have had a front row seat to seeing top-level racers take on the world. This experience has given me a deep appreciation for the extraordinary effort Somkiat had to put into competing as a rider in MotoGP. SOLIZE will be supporting IDEMITSU Honda LCR and Somkiat throughout the season through this sponsorship agreement.

The Company’s Operating EBITDA grew by 17% at Rs. 1,081 Crores for the third quarter of 2024-25 as against EBITDA of Rs. 924 Crores in third quarter of 2023-24. The Company’s Operating EBITDA margin for the quarter is highest at 11.9% as against Operating EBITDA margin of 11.2% reported in the third quarter of 2023-24. The Company’s Profit Before Tax (PBT) grew by 8% at Rs. 837 Crores for the third quarter of 2024-25 as against PBT of Rs. 775 Crores in third quarter of 2023-24. PBT for the quarter includes fair valuation loss of Rs. 41 Crores as against gain of Rs.65 Crores during Q3 of last year.

The overall two-wheeler and three-wheeler sales including exports grew by 10% registering 12.12 Lakh units in the quarter ended December 2024 as against 11.01 Lakh units in the quarter ended December 2023. Motorcycle sales grew by 6% registering 5.56 Lakh units in the quarter ended December 2024 as against 5.23 Lakh units in the quarter ended December 2023. Scooter sales for the quarter ended December 2024 grew by 22% at 4.93 Lakh units as against 4.04 Lakh units in the third quarter of 2023-24. Three-wheeler sales for the quarter under review is at 0.29 Lakh units as against 0.38 Lakh units during third quarter of 2023-24.

Electric Scooter sales for the quarter ended December 2024 grew by 57% at 0.76 lakh units as against 0.48 lakh units in the quarter ended December 2023.

Cumulative nine months results

Operating revenue grew by 13% at Rs. 26,701 Crores for nine months ended December 2024 as against Rs. 23,608 Crores for the nine months ended December 2023.

The Company’s Operating EBITDA grew by 21% at Rs. 3,121 Crores for nine months ended December 2024 as against EBITDA of Rs. 2,588 Crores for the nine months ended December 2023. The Company’s PBT grew by 19% at Rs. 2,517 Crores for the nine months ended December 2024 as against Rs. 2,109 Crores during nine months ended December 2023. The Company’s PAT grew by 16% at Rs. 1,858 Crores for the nine months ended December 2024 as against Rs. 1,598 Crores during nine months ended December 2023.

The Company’s two-wheeler sales including exports grew by 14% registering 34.29 Lakh units in the nine months ended December 2024 as against 30.13 Lakh units registered in the nine months ended December 2023. Motorcycle sales grew by 10% registering 16.31 Lakh units in the nine months ended December 2024 as against 14.79 Lakh units in nine months ended December 2023. Scooter sales for the nine months ended December 2024 grew by 19% registering 14.01 Lakh units as against the sales of 11.74 Lakh units in the nine months ended December 2023. The Company’s two-wheeler exports grew by 19% at 7.78 Lakh units in the nine months ended December 2024 as against 6.52 Lakh units in the nine months ended December 2023. Total three-wheeler sales is at 0.98 Lakh units for the nine months ended December 2024 as against 1.16 Lakh units during nine months ended December 2023. Electric vehicles grew by 40% registering sales of 2.03 Lakh units for the nine months ended December 2024 as against 1.44 Lakh units during the nine months ended December 2023.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

TVS Motor Company and Hyundai Motor Company (HMC) today unveiled concept models of advanced electric three-wheelers and micro four-wheelers at Bharat Mobility Global Expo 2025. The concept models address the pressing need for sustainable mobility and align with the evolving demands of road and urban infrastructure in one of the world’s fastest growing economies. Together with Hyundai Motor, TVSM is exploring to contribute to the last-mile mobility market of India. While binding agreements are yet to be executed, Hyundai Motor is exploring to offer design, engineering and technology while TVSM will contribute towards manufacture, market and co-development of the vehicles.
 

TVS Motor Company and Hyundai Motor Company unveiled concept models of advanced electric three-wheeler and micro four-wheeler at Bharat Mobility Global Expo on January 18, 2025
 

These innovative concepts underline TVSM’s focus on providing mobility solutions that are efficient, exciting, responsible, safe and sustainable.

Commenting on the announcement, Sharad Mishra, President, Group Strategy, TVS Motor Company, said, "TVS is proud to partner with Hyundai to shape the future of urban mobility. By combining Hyundai’s global expertise with our deep understanding of mobility solutions, we aim to develop next-generation micro-mobility solutions that redefine last-mile connectivity. This collaboration reflects our commitment to innovation and sustainability. With a shared vision, we are confident that this partnership will deliver impactful solutions that set new standards in design, engineering, technology, and quality."

Commenting on the concepts, Mr SangYup Lee, Executive Vice President and Head of Hyundai and Genesis Global Design, Hyundai Motor, said, “Hyundai Motor is a customer-centric brand, and caring for people in India is our first mission. This commitment has driven us to explore designing micro-mobility solutions tailored to India's unique environment, reimagining the iconic three-wheeler to enhance mobility experiences through thoughtful design. Collaborating with TVS Motor, we aim to locally produce the three-wheeler while exploring global opportunities for the four-wheeler, blending intuitive functionality with the spirit of a rapidly innovating India.”

More about the Concepts

These innovative concepts are crafted to redefine urban mobility. For instance the electric three-wheeler concept designed by Hyundai Motor, boldly reimagines India’s ubiquitous motor rickshaw, transforming it into a versatile and eco-friendly vehicle that can serve not only as a people mover but also as an efficient logistics carrier or a rapid-response emergency vehicle. This innovative approach to mobility not only connects communities and livelihoods but also champions accessibility and inclusivity with a foldable seat for wheelchair users. Its compact size and manoeuvrability, enables the electric three wheeler Concept to navigate narrow streets effectively. The vehicle’s body is adjustable, allowing it to be lifted to navigate waterlogged streets during the heavy rains of the monsoon season.

The proposed partnership, is showcased at the TVS pavilion, Hall No 14, Bharat Mandapam. The exciting and very unique physical concepts are on display at the Hyundai pavilion Hall 4, H4-01, Bharat Mandapam, New Delhi, Bharat Mobility Global Expo 2025.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

TVS Motor Company (TVSM) - a leading global automaker in the two and three-wheeler segment - is showcasing a range of future mobility concepts at the Bharat Mobility Global Expo 2025. These include (1) the world’s first CNG scooter – TVS Jupiter CNG, (2) India’s first android auto powered electric scooter – TVS X (3) made in India electric bicycles, designed as ‘light-electric vehicles’ and (4) electric three-wheeler for public transport. The company has also unveiled future concepts of its existing vehicles and is displaying a range of safety gear, accessory and custom motorcycles including a TVS Ronin that commemorates the Rann Utsav 2025.

TVS Motor Pavilion at Bharat Mobility 2025

Speaking at the Bharat Mobility Global Expo 2025, Sudarshan Venu, Managing Director, TVS Motor Company, said, "We are excited to showcase concepts that have the potential to deliver impactful solutions and set new standards in personal and commercial mobility. All these made and designed in India, made for the world concepts, are a testimony to India’s innovation and engineering prowess, our progress towards Viksit Bharat. At TVS Motor, we are committed to designing and making in India, for the world. Our exports already exceed USD 1 billion and account for 30% of our volumes. We are poised to take this further. Our vision is to transform the quality of life of our customers and redefine the future of mobility through design, engineering, technology and quality.”

Future concepts of existing TVSM vehicles showcased at Bharat Mobility 2025:

Unveiling the Future of Electric Mobility: To commemorate the milestone of 500,000 global customers choosing TVS iQube as India's preferred family EV, the company has showcased three innovative future concepts from its existing electric vehicle lineup. These concepts are pioneering electric mobility solutions that redefine convenience, sustainability, and performance. 

• TVS Vision iQUBE Concept: The TVS Vision iQUBE reimagines the iconic iQUBE as a modern luxury scooter designed for the future of urban commuting. With its sleek, geometric proportions, HUD projection, floating HMI, and voice-command interaction, the TVS Vision iQUBE defines ride experiences in the future ecosystem. Adjustable suspension, personalized seat height, and secure storage make it a perfect combination of comfort, style, and functionality. 

• TVS iQube ST 2025 Concept: Unveiled as a future-ready connected electric scooter, the TVS iQube ST 2025 concept takes inspiration from the Northern Lights and sets a new benchmark in smart mobility. It features a customizable touchscreen, geo-fencing, navigation, and a host of rider-centric technologies. With enhanced range, improved practicality, and premium aesthetics, it cements TVS Motor’s leadership in sustainable urban mobility. This innovation stands for technological capability prowess, greatly upgrading the Urban Commute landscape in India seamlessly.

• TVS X NFE (Nacht Fury Edition) Concept: The Next-Gen TVS X NFE is bestowed with carbon fiber construction for an unrivaled power-to-weight ratio that delivers enhanced performance and an exciting ride experience with gas charged suspension. Its aerodynamic winglets & onboard drone bring futuristic mobility solutions to life through enhance navigation and safety reconnaissance. 

TVS X represents cutting-edge, sleek, and aerodynamic design, aptly described as the “Thrillectric” machine that embodies artful engineering. Marking a milestone in the Indian two-wheeler industry, TVS X will also be the first electric two-wheeler to feature Android Auto integration in partnership with Google.

• TVS RTSx: Breaking into the Supermoto category, the TVS RTSx delivers unmatched performance with razor-sharp handling for both urban streets and rugged terrain. This Supermoto is built to rule both asphalt and gravel with explosive power and agility to create a perfect symphony of speed and precision Powered by the all-new liquid-cooled “TVS RT-XD4 300” engine, it generates 35PS at 9,000 rpm and 28.5Nm of torque at 7,000 rpm, offering speed, agility, and precision in perfect harmony. 

Future Mobility Concepts showcased at Bharat Mobility 2025:

• TVS Concept EB1 – Electric Bicycle: Aimed at transforming urban mobility, the TVS Concept EB1 marks the company’s entry into a new mobility space. It is a “Made in India” product, conceived with a perspective of global design and technology, through which TVS is aiming to redefine the industry. TVS Concept EB1 will be the first product globally to adopt sustainable rare-earth magnet free hub motor, and the first in India to have a secure app-controlled integrated lock. A fully connected electric bicycle with features like adjustable ergonomics, integrated display & telematics, adjustable front suspension and removable integrated battery make it an exciting choice for commuting, leisure and spirited rides. 

• TVS Jupiter CNG - Concept: The world’s first CNG scooter, the TVS Jupiter CNG Concept combines petrol’s convenience with the eco-friendliness and affordability of CNG. Riders can instantly switch between fuels, offering flexibility and cost efficiency at less than Rs. 1 per kilometer. Its bi-fuel technology ensures an extended range of 226 kilometers, catering to the needs of modern commuters while significantly reducing emissions. 

• Electric three-wheeler: The TVS King Electric plus redefines urban mobility with a range of 125 kilometres per charge, quick charging capabilities, and advanced features like TVS SmartXonnect™. This high-performance electric three-wheeler is powered by a 4 pack NMC battery (9.2 KW) giving flexibility to the customer, It offers real-time navigation & vehicle diagnostics. Its spacious cabin and ergonomic seating enhance comfort and functionality, making it an ideal eco-friendly choice.

• India’s first android auto integrated electric scooter - In partnership with Google, Android Auto debuts on the TVS X, marking a first for the Indian two-wheeler industry. This innovation promises a seamless, safer, and smarter riding experience, featuring wireless pairing, real-time navigation, hands-free communication, and infotainment through Google Assistant. By connecting work and leisure together, TVS X redefines mobility for the modern rider.

Norton Motorcycles showcase at Bharat Mobility 2025:

• TVS Motor Company owned British luxury motorcycle maker Norton Motorcycles is showcasing the Norton V4CR - the most powerful café racer from the UK. This model combines an artistic design with a strong 185 brake horsepower and features hand-crafted precision with modern engineering. TVS Motor is investing in Norton to design, develop, and produce a range of motorcycles for both local and international markets. It is gearing up for a relaunch with an exciting new lineup of motorcycles slated for release in 2026.

Accessories, merchandise, customised motorcycles, sustainability

Merchandise & Accessories – TVSM is showcasing a wide range of merchandise and accessories. The TVS Racing lineup includes helmets, riding gear, hydration backpacks, bluetooth intercoms, and lifestyle products like t-shirts, sweatshirts, caps, and leather jackets. The TVS Racing X Alpinestars collaboration offers exclusive riding gear and lifestyle apparel. Also on display are Hedon helmets, Norton merchandise (t-shirts, sweatshirts, and hoodies), and live demonstrations of bluetooth intercom devices. Completing the showcase are two fully accessorized motorcycles, TVS Ronin and TVS Apache RTR 310, highlighting premium accessory options.

Custom Motorcycles - Celebrating artistry and innovation, the ‘Rann Utsav’ edition custom motorcycle on the TVS Ronin, showcases the vibrant culture of the Rann of Kutch. It beautifully incorporates Rabari and Ahir Embroidery into its design. This masterpiece highlights the seamless blend of cultural heritage and cutting-edge design. Additionally, three extraordinary custom creations based on the TVS Apache RTR 310 and TVS Ronin, crafted in collaboration with Smoked Garage (Indonesia) and the TVS Motor Factory Team (India), were showcased.

Sustainability being a core part of its business practices, TVSM is showcasing its community, sustainability and practices, underscoring the company’s commitment to being a safe, sustainable & responsible organisation.

TVS Racing: With a track-to-road philosophy, TVS Racing continues to push boundaries in motorsport since 1982. As the first Indian OEM to introduce EV and Women’s Racing, and to participate in the Dakar Rally, TVS Racing leads innovation and nurtures talent globally. The showcased bikes include the TVS Apache RTE (Electric OMC bike), TVS Asia One Make Championship RR 310, and TVS Racing 450R Dakar edition, setting new benchmarks in performance and endurance. 

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

HERE Technologies, the leading location data and technology platform, and Pioneer Corporation (“Pioneer”), a global leader in vehicle electronics, will debut their innovative connected devices for two-wheelers in Asia-Pacific (APAC) at a joint showcase during India’s Bharat Mobility Global Expo 2025, held from January 17 to 22.

HERE & Pioneer Bharat Mobility 2025

The Pioneer Smart Display and Ride Cam devices will be featured at the HERE booth located at Bharat Mandapam, Hall 11. These solutions are designed to transform the riding experience, with a focus on safety, connectivity and scalability, addressing the needs of India’s rapidly expanding two-wheeler market.

Transforming two-wheeler mobility
The Smart Display and Ride Cam devices are designed as OEM-branded retrofit accessories that can be catered to the unique needs of India’s rapidly growing two-wheeler market, including rising costs, pollution, safety concerns and complex infrastructure. These solutions integrate seamlessly with smartphones to enhance navigation and connectivity through cost-effective, scalable hardware powered by the HERE SDK.

The HERE SDK is a set of tools and application programming interfaces offering access to a wide range of location features, including mapping, routing, geocoding, search, traffic, transit and indoor navigation. Designed for cross-platform development on iOS, Android and Flutter, it supports efficient and versatile application development, including embedded navigation for vehicles, two-wheelers and trucks. The HERE SDK also powers mobile apps with features syncing directions from mobile to the two-wheeler seamlessly, fleet management and additional location-aware services, including EV charging and safety alerts.

Smart Display: Enhancing safety and connectivity
The Smart Display is a sleek, easy-to-install device that enhances the two-wheeler riding experience with advanced features powered by the Pioneer RIDE CONNECT SDK. Key features include:

• Crash detection and eCall: Built-in sensors and algorithms enable automatic or manual emergency alerts via a smartphone app.

• Seamless connectivity: Stable Bluetooth Low Energy (BLE) connection ensures low power consumption while delivering cloud- and smartphone-integrated services.

• Real-time information: Provides navigation, speed limit alerts, speed camera warnings, traffic updates and weather insights, all powered by the HERE SDK.

• Vehicle data monitoring: Displays vital information such as tire pressure and EV range, ensuring a safer, more informed ride.

Ride Cam: AI-powered dashcam for two-wheelers
The Ride Cam is a compact dashcam tailored for two-wheelers. It combines safety, connectivity and artificial intelligence (AI)-powered analytics. Key features include:

• Crash detection and eCall: Integrated sensor and algorithm offer emergency alert capabilities, supplemented by a manual SOS button for security.

• Generative AI analytics: Processes accident footage, sensor data, and map information to generate detailed reports for eCall Centers and insurance providers.

• Seamless integration: Compatible with existing smartphone apps for scalable, flexible solutions tailored for automotive OEMs.

Meeting the needs of India’s two-wheeler market
This collaboration between Pioneer and HERE brings together their respective hardware and location intelligence expertise to create a scalable solution for India’s expanding two-wheeler market. It addresses key industry demands by offering enhanced connectivity through an integrated ecosystem linking riders, devices and the cloud. The solution prioritizes safety with rider-specific precise navigation and real-time updates designed to navigate the dynamic and complex nature of India’s road infrastructure, all while ensuring affordability through cost-effective, retrofittable devices.

Siva Subramanian, PhD, CEO, Mobility AI & Connectivity Business Unit, Pioneer Corporation said, “We are excited to bring compelling solutions that cater to the specific needs of India’s rapidly growing two-wheeler market. By combining our expertise in hardware and mobility AI with HERE’s robust mapping and location intelligence, we are bringing enhanced safety, convenience and new connected experiences to riders in India and across the world. This partnership underscores our dedication towards innovation and supporting the evolving mobility landscape in India.”

Abhijit Sengupta, Senior Director and Head of Business for India and Southeast Asia at HERE Technologies said, “These innovative devices represent a significant leap forward in location-aware technology for the two-wheeler market, particularly in India where these vehicles play a vital role as a primary mode of transportation and as the backbone of the e-commerce and delivery ecosystem. By being OEM-system agnostic, this solution can seamlessly integrate with any manufacturer’s ecosystem, making it scalable on a global level. Together with Pioneer, we are helping to redefine connectivity and safety for millions of riders.”

In November 2024, HERE Technologies and Pioneer signed a Memorandum of Understanding (MOU) to co-develop innovative connected devices and services for the global two-wheeler market. By leveraging the HERE SDK, the partnership promises to deliver integrated solutions for motorcycle manufacturers, fleet operators and insurers, including connected services like smart displays and in-vehicle devices for enhanced rider experiences, real-time tracking and EV transition support for fleets, and safety-focused, data-driven insights for insurers.

Visit the HERE booth at the Bharat Mobility Global Expo 2025 located at Bharat Mandapam, Hall 11.

About Pioneer Corporation
Pioneer is a leading global manufacturer that has been developing an array of world-first products and services since its inception in 1938 based on its corporate philosophy of “Move the Heart and Touch the Soul.” Through our core car electronics business, we propose new and unique value by providing products and services that realize comfort, excitement, safety and security in vehicle interiors, utilizing unique and innovative ideas combined with cutting-edge technologies. We have formulated the goal of "Creating the Future of Mobility Experiences" as our new corporate vision and are committed to transforming into a solution company that uses products and services to solve the myriad challenges of the mobility field. For more information on Pioneer, visit the company's website at www.pioneer.jp/en.

About HERE Technologies
HERE has been a pioneer in mapping and location technology for almost 40 years. Today, HERE’s location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. From autonomous driving and seamless logistics to new mobility experiences, HERE allows its partners and customers to innovate while retaining control over their data and safeguarding privacy. Find out how HERE is moving the world forward at here.com.

TVS Motor Company recorded monthly sales of 321,687 units in December 2024 with a growth of 7% as against 301,898 units in the month of December 2023. 

Two-Wheeler
Total two-wheelers registered a growth of 8% with sales increasing from 290,064 units in December 2023 to 312,002 units in December 2024. Domestic two-wheeler registered 215,075 units in December 2024 as against 214,988 units in December 2023.

Motorcycle registered sales of 144,811 units in December 2024 as against 148,049 units in December 2023. Scooter registered a growth of 30% with sales increasing from 103,167 units in December 2023 to 133,919 units in December 2024.

Electric Vehicle
The Company sold 20,171 units in December 2024 as against 11,288 units in December 2023, registering a growth of 79%.

International Business
The Company's total exports grew by 22% increasing from 85,391 units registered in December 2023 to 104,393 units in December 2024. Two-wheeler exports registered a growth of 29% with sales increasing from 75,076 units registered in December 2023 to 96,927 units in December 2024.

Three-Wheeler
Three-wheeler of the Company registered sales of 9,685 units in December 2024 as against 11,834 units in December 2023.

Third Quarter Sales Performance
During the third quarter of the current financial year, two-wheelers posted a robust growth of 11% with sales of 11.8 lakh units as against sales of 10.6 lakh units in the third quarter of FY 23-24. Three-wheeler of the Company registered sales of 0.29 lakh units in the third quarter of the current year as against 0.38 lakh units in the third quarter of FY 23-24. Two-wheeler sales include EV sales of 0.76 lakh units in the third quarter of FY 24-25 as against 0.48 lakh units in the third quarter of FY 23-24 with a growth of 57%.

About TVS Motor Company
TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.