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The Economic Times

TVS Motor EV sales jump 158% to record high in July as pricey fuel drives demand

TVS Motor India TVS Motor Company Hero MotoCorp Maruti Suzuki

TVS Motor Company reported a 158% year-on-year surge in electric two-wheeler sales in July, as the company posted its highest-ever monthly sales of 6.30 lakh units, underscoring the growing momentum for electric mobility amid higher fuel prices.

The company sold 60,934 electric two-wheelers in July, compared with 23,605 units in the year-ago month. Overall sales rose 38% to 629,675 units from 456,350 units a year earlier, TVS Motor said on Monday.

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