TVS Motor Company delivered a strong performance in February 2026, with multiple models posting healthy year-on-year (YoY) growth. The company’s portfolio showed strength across scooters, motorcycles, and EVs, though month-on-month (MoM) trends remained mixed.
Here’s a detailed model-wise breakdown:
Top Performers of the Month
1. Jupiter Continues to Lead
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Feb 2026 Sales: 1,27,089 units
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YoY Growth: +23%
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MoM Growth: -2%
The Jupiter remained TVS’s best-selling model, contributing significantly to overall volumes. Despite a slight MoM dip, its consistent YoY growth highlights strong demand in the family scooter segment.
2. iQube Electric – EV Growth Engine
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Feb 2026 Sales: 38,054 units
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YoY Growth: +61%
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MoM Growth: +1%
TVS’s electric scooter, iQube, continues its aggressive expansion, emerging as one of the fastest-growing products in the lineup. It reflects the rising demand for EVs in India.
3. Apache Range – Stable but Under Pressure MoM
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Feb 2026 Sales: 45,166 units
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YoY Growth: +19%
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MoM Growth: -12%
The Apache series maintained strong YoY growth but saw a double-digit MoM decline, indicating short-term demand fluctuations in the performance motorcycle segment.
Key Growth Highlights
Ntorq – Strong Scooter Momentum
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YoY Growth: +52%
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MoM Growth: -13%
Ntorq continues to be a youth favorite, though MoM decline suggests seasonal or supply-related factors.
Radeon & Sport – Consistent Growth
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Radeon: +59% YoY
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Sport: +44% YoY
Both commuter motorcycles performed well, strengthening TVS’s position in the mass motorcycle segment.
Ronin & RR310 – Premium Segment Surge
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Ronin: +113% YoY
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RR310: +417% YoY
The premium category saw explosive growth, especially RR310, albeit on a lower base. This indicates growing traction in aspirational segments.
Segments Overview
Scooters
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Strong YoY growth across Jupiter, Ntorq, and iQube
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Minor MoM corrections indicate normalization after strong January sales
Motorcycles
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Solid YoY growth across most models
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MoM declines in Apache and Sport highlight short-term softness
Electric Vehicles
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iQube remains a key pillar for future growth
