TVS Motor Achieves Robust Growth with Expansion in Electric Vehicles and Exports
TVS Motor Company showcases a solid performance in December 2024 with a 7% monthly sales growth, highlighted by an 8% increase in two-wheeler sales and a 79% surge in electric vehicle sales. The company also saw a 22% growth in exports, marking an overall successful sales quarter.
TVS Motor Company has reported a 7% increase in total sales for December 2024, largely driven by an 8% boost in two-wheeler sales and a remarkable 79% surge in electric vehicle sales compared to the previous year.
Exports have also played a significant role in the company's performance, with a 22% increase in international sales in December 2024, thanks to a robust 29% growth in two-wheeler exports during the period.
The third quarter continued the trend with an 11% rise in two-wheeler sales, affirming TVS Motor's strategic growth in the automotive market, through a commitment to innovation and sustainable practices.
(With inputs from agencies.)
Advertisement