Introduction: A Record-Breaking Start to the Year
The Indian two-wheeler industry has entered 2026 with unmatched momentum, and at the center of this growth story stands TVS Motor Company. The company’s officially announced January 2026 sales figures have sent a strong signal across the auto industry—TVS is no longer just growing, it is accelerating ahead of rivals.
With a cumulative sales figure of 5,11,766 units, TVS has achieved a massive 29% year-on-year (YoY) growth, making January 2026 the strongest opening month in the company’s history. This performance highlights rising consumer trust in Made-in-India engineering, strong after-sales service, and a future-focused product strategy spanning petrol, electric, and commercial mobility.
This is not a one-segment success. From electric scooters and performance motorcycles to three-wheelers and exports, TVS has delivered an all-round blockbuster start to the year.
By the Numbers: Breaking Down the 5.11 Lakh Sales Milestone
To truly understand how big this achievement is, a detailed comparison with January 2025 is essential. The most important takeaway is that every major segment has grown, reinforcing TVS’s balanced and diversified portfolio.
January Sales Comparison Table
| Segment | Jan 2025 (Units) | Jan 2026 (Units) | Growth |
|---|---|---|---|
| Total Sales | 3,97,623 | 5,11,766 | 29% ↑ |
| Total Two-Wheelers | 3,87,671 | 4,94,195 | 28% ↑ |
| Domestic Two-Wheelers | 2,93,860 | 3,83,262 | 30% ↑ |
| Electric Vehicles (EV) | 25,195 | 37,756 | 50% ↑ |
| Three-Wheelers | 9,952 | 17,571 | 77% ↑ |
| Total Exports | 1,01,055 | 1,22,343 | 21% ↑ |
Key Insight
The domestic market remains the backbone of TVS’s growth, but the addition of a 77% surge in three-wheelers significantly strengthens the company’s authority across personal and commercial mobility segments.
The EV Revolution: iQube, Orbiter, and TVS X Power Ahead
Electric mobility continues to be the strongest growth engine for TVS. EV sales jumped from 25,195 units in January 2025 to 37,756 units in January 2026, marking a remarkable 50% YoY growth.
TVS iQube: India’s Most Trusted Electric Scooter
Crossed 8 lakh cumulative sales by late 2025
January 2026 becomes the best-ever month for iQube
Commands nearly 28% market share in India’s EV scooter segment
The success of the iQube is rooted in real-world range, consistent performance, strong service support, and long-term reliability—factors that Indian buyers now prioritize over flashy specifications.
Orbiter & TVS X: Scaling Up the EV Ecosystem
With TVS Orbiter production ramped up to 10,000 units per month, the company has successfully addressed earlier supply constraints. Alongside this, the premium TVS X is attracting urban buyers who want high performance, advanced design, and exclusivity.
TVS vs Rivals: A Discover-Worthy Contrast
While TVS iQube surged ahead, its key rival Ola Electric witnessed a sharp decline, managing sales of just 7,512 units in January. This contrast highlights a clear market shift—Indian consumers are now choosing service reliability, build quality, and brand trust over aggressive marketing alone.
Motorcycles vs Scooters: Growth on Both Fronts
TVS is one of the few manufacturers in India that enjoys near-equal dominance in both scooters and motorcycles.
Scooter Segment: Comfort Meets Sportiness
Scooter sales rose by 30.3%, reaching 2,22,926 units.
Key contributors include:
Jupiter 125 – Family-focused comfort and mileage
Ntorq 150 (2026) – Performance-oriented youth scooter
iQube – EV segment leader
This mix allows TVS to serve both household buyers and young urban commuters effectively.
Motorcycle Segment: Performance Continues to Lead
Motorcycle sales grew by 26%, touching 2,19,188 units.
The Apache and Raider series remain strong pillars, but January 2026 saw an important new contributor.
The recently launched Apache RTX 300 has become an instant hit. Its adventure-ready stance, off-road capability, and aggressive design have attracted a new segment of riders. This model has played a significant role in driving motorcycle growth and expanding TVS’s footprint in the premium category.
Three-Wheeler Boom: The Silent Growth Engine
One of the most underreported but powerful trends in TVS’s January performance is the 77% growth in three-wheelers.
Sales jumped from 9,952 units to 17,571 units
Driven by demand in last-mile delivery and urban transport
Strengthens TVS’s commercial mobility portfolio
This surge proves that TVS is not just winning individual buyers—it is also becoming a preferred partner for businesses and fleet operators.
Global Expansion: TVS Exports Reach New Heights
TVS’s global strategy continues to pay off.
Exports: 1,22,343 units
Growth: 21% YoY
Presence: 80+ countries
Strong demand from Africa, Southeast Asia, and Latin America allows TVS to reduce dependence on domestic cycles and maintain stable year-round growth.
Why TVS Looks Unstoppable in 2026
TVS’s January dominance is the result of long-term planning rather than short-term momentum.
Future-Ready Product Pipeline
The company has filed design patents for the eFX 30 electric motorcycle, showcased at EICMA 2025. This upcoming launch signals TVS’s intent to dominate the premium electric motorcycle segment.
Massive Infrastructure Investment
A planned ₹1,000 crore investment in a new Maharashtra manufacturing plant will boost capacity and help TVS meet rising premium and EV demand by the end of 2026.
Unmatched Quality Standards
TVS remains the only two-wheeler manufacturer to win the Deming Prize, reinforcing its reputation for quality, safety, and manufacturing excellence.
What This Means for Indian Buyers
For consumers, TVS’s growth translates into:
Faster delivery timelines
Wider EV adoption
Better service reach
Strong resale value
Whether it’s a daily commuter, a performance motorcycle, or an electric scooter, TVS is positioning itself as a future-proof mobility brand.
Conclusion: TVS Sets the Benchmark for 2026
With 5,11,766 units sold, 29% YoY growth, and 37,756 EVs delivered in a single month, TVS Motor Company has set an exceptionally high benchmark for 2026.
The blend of EV leadership, motorcycle innovation, three-wheeler expansion, and global reach makes it clear—TVS is not just participating in India’s mobility revolution, it is leading it.
If this momentum continues, 2026 could be the year TVS challenges for the absolute No.1 position in the Indian two-wheeler market.
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