TVS Motor Company has unveiled two new and more affordable variants of the iQube and iQube ST in Mumbai at an introductory price of INR 95,681. The new variant of the iQube gets a 2.2 kWh battery and the iQube ST will now also be available in a 3.3 kWh capacity.
That makes a total of five variant offerings by TVS in the iQube portfolio - TVS iQube 2.2 kWh (new), TVS iQube 3.4 kWh, TVS iQube S 3.4 kWh, TVS iQube ST 3.4 kWh (new) and the TVS iQube ST 5.1 kWh.
With this move, TVS has made the iQube more accessible to the people who are looking at owning the scooter at an affordable price tag. The iQube now being an even more affordable electric scooter, TVS states that this will aid the adoption of electric mobility for everyone. The manufacturer is ready to deliver ST variants of the iQube to customers across the state. The TVS iQube series has 11 vibrant colours for users to choose from which will be available in stores across 92 dealerships in Maharashtra.
The highlights of new variants of TVS iQube are:
TVS iQube ST (3.4 kWh):
- Battery capacity – 3.4 kWh
- Range – 100 km
- Charger – 950W
- Charging time – 2 hours 50 minutes (0-80 percent)
- Storage – 32-litres under seat
- Top speed – 78 kmph
- Price – INR 156,237 ex-showroom Mumbai (including EMPS subsidy)
- Colors – Copper Bronze Matte, Coral Sand Satin, Titanium Gray Matte, Starlight Blue
TVS iQube (2.2 kWh):
- Battery capacity – 2.2 kWh
- Range – 75 km
- Charger – 950 W
- Charging time- 2 hours (0-80 percent)
- Storage – 30-litres under seat
- Top speed – 75 kmph
- Price – INR 95,681 ex-showroom Mumbai (Introductory price inclusive of EMPS subsidy, and cashback, valid up to June 30, 2024)
- Colors – Walnut Brown and Pearl White
The iQube is inspired by three fundamental principles: Giving customers the ‘power of choice’ of range, connected technology, charging solutions and price; ‘complete assurance’ through vehicle safety and overall ownership experience and ‘simplicity of usage’ through easy-to-use features.
"At TVS Motor Company, we are committed to driving innovation and sustainability in the industry. It is exciting to witness the growth of our three-lakh strong TVS iQube family. Learning from the riding behaviour of our EV customers, we are very happy to launch an all-new 2.2 kWh fastest charging variant in TVS iQube and an additional variant in TVS iQube ST. TVS iQube Electric series now comes with three battery options providing most appropriate range and price combination to our customers. Complete TVS iQube series will now be available for deliveries across Maharashtra. TVSM will continue to partner our customers in their journey of success, by making trustworthy and superior electric mobility experience more accessible,” said Manu Saxena, Senior Vice President, EV Business, TVS Motor Company.
Honda Motorcycle & Scooter India Sells 568,000 Units In September
- By MT Bureau
- October 02, 2025
Honda Motorcycle & Scooter India, a leading two-wheeler manufacturer, has reported wholesales of 568,164 units in September, which was 3 percent lower than 583,633 units sold last year.
The company’s domestic sales came at 505,693 units, down 6 percent, as compared to 536,391 units, while exports came at 62,471 units, up 32 percent YoY.
For H1 FY2026 (April–September 2025), HMSI's cumulative total sales reached just under three million units at 2.99 million units. This comprised 2.67 million units in the domestic market and 311,517 units exported globally.
Hero MotoCorp Sales Grows 8% In September
- By MT Bureau
- October 02, 2025
Hero MotoCorp, the world’s largest two-wheeler manufacturer, has reported its wholesales for September 2025 and YTD FY2026.
The company sold a total of 687,220 two-wheelers in September, which marked a 7.87 percent as compared to 637,050 units last year. This included 626,217 motorcycles, up 4.8 percent YoY and 61,003 scooters, up 54 percent YoY. On the exports front, the company shipped 39,638 units, as compared to 20,344 units last year.
The strong monthly performance contributed to steady growth, a trend rooted in the strategic diversification of the product portfolio, including 12 new scooters and motorcycles launched since the last festive season. The month’s dispatch performance coincided with a major milestone: Hero MotoCorp became the first Indian company to surpass the 125 million cumulative two-wheeler production mark.
Hero MotoCorp stated that positive momentum is visible across the business. Showroom and dealership footfalls have more than doubled compared to the festive season last year, driven by the festive spirit and new GST benefits, with significant traction observed in the high-volume commuter segment.
The company’s electric vehicle business, Vida, powered by Hero, continued its strong growth trajectory, recording 12,736 VAHAN registrations in September 2025. This performance, led by the recently launched Vida VX2 Evooter, resulted in a sharp YoY EV market share rise from 4.7 percent to 12.2 percent, underscoring growing consumer trust in the brand. The company noted that demand for Vida currently remains ahead of supply in several key markets, indicating robust traction for its EV business this festive season.
Suzuki Motorcycle India Sales Grows 37% In September
- By MT Bureau
- October 01, 2025
Suzuki Motorcycle India (SMIPL), one of the leading two-wheeler manufacturers, has reported strong sales for September 2025, buoyed by the start of the festive season and recent tax reforms.
The two-wheeler subsidiary of Suzuki Motor Corporation, Japan, recorded total sales of 123,550 units, marking 25 percent over the 99,185 units sold in September 2024.
Domestic sales were the primary growth driver, with SMIPL registering a robust 37 percent YoY growth with 105,886 units sold in September, up from 77,263 units in the same month last year.
Deepak Mutreja, Vice-President – Sales & Marketing, Suzuki Motorcycle India, said, “September has been a remarkable month for SMIPL. The festive cheer translated into strong demand driving 37 percent growth in our domestic sales. The recent GST reduction has further added to customer enthusiasm, by making our two-wheelers even more affordable. We are optimistic that this momentum will continue through the festive season and beyond, enabling us to serve a larger customer base with our trusted motorcycles and scooters.”
Further complementing the sales performance, SMIPL recorded its highest ever spare parts sale of INR 881 million for the third consecutive month, registering a 17 percent YoY growth.
While domestic sales soared, exports saw a reduction. SMIPL exported 17,664 units in September 2025, compared to 21,922 units exported during September 2024.
Royal Enfield Achieves All-Time High Sales In September, Driven By Festive Demand
- By MT Bureau
- October 01, 2025
Royal Enfield has announced its highest-ever monthly sales figure, with 124,328 motorcycles sold globally in September 2025. This marks a significant 43 percent growth compared to the 86,978 units sold in the same month last year.
Domestic sales drove the record performance, reaching 113,573 units in September 2025, which marked a 43 percent increase over the 79,325 units sold domestically last year.
B. Govindarajan, Managing Director, Eicher Motors and Chief Executive Officer, Royal Enfield, said, “It has been an incredible start to the festive season for us at Royal Enfield, we have registered our best ever monthly sales volume and have crossed 100,000+ retail volumes for the month. To make sure that our customers take home their favourite Royal Enfield motorcycle this festive season, we have put in considerable effort.”
"In the month of September, we announced the upgraded Meteor 350 which has received a promising response from our community. All our new and existing motorcycles continue to perform well, we are confident of the growth momentum and are looking forward to a great year ahead,” he added.
For H1 FY2026, the company's total sales volume reached 591,903 motorcycles, reflecting a 30 percent growth over the 454,780 units sold in the previous year. This includes 521,482 units in the domestic market, registering a 27 percent growth compared to the 410,843 units sold in the corresponding period last year.
On the exports front, the company also saw a major boost, with 10,755 motorcycles shipped in September 2025, a 41 percent increase from 7,653 units in September 2024. For H1 FY2026, exports surged by 60 percent, reaching 70,421 units.
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