Auto Sales May 2025: TVS Continues Its Upward Trajectory With Strong EV Performance

TVS posted robust sales figures in May 2025 by retailing 4,31,275 units last month compared to 3,69,914 units in the corresponding month of 2024 - marking a substantial 17 per cent year-on-year improvement.  This strong performance was driven by gains across various segments, particularly in international markets which surged by 22 per cent and by its expanding electric vehicle portfolio.

It led the sales charts last month with its EV portfolio registering an impressive 50 per cent growth by delivering 27,976 electric two-wheelers, compared to 18,674 units in May 2024. However, the company has flagged potential headwinds from EV supply chain disruptions, specifically highlighting magnet procurement issues that could pose near-term operational challenges. A similar sentiment was raised by Bajaj’s Executive Director Rakesh Sharma, highlighting geopolitical issues to be the stumbling block.

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Besides that, the manufacturer's primary two-wheeler division continued its upward trajectory, delivering 4,16,166 units last month compared to 3,59,590 units in May 2024 - representing a solid 16 per cent growth. Within the domestic market, two-wheeler sales climbed 14 per cent from 2,71,140 units to 3,09,287 units over the same timeframe. Breaking it down further, motorcycle sales demonstrated particularly strong momentum with 22 per cent growth, climbing from 1,73,627 units in May 2024 to 2,11,505 units in May 2025. Scooter sales also contributed positively, advancing 15 per cent from 1,45,305 units to 1,66,749 units on a year-over-year basis.

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Overseas operations proved particularly profitable with total export volumes climbing 22 per cent from 96,966 units in May 2024 to 1,18,437 units in the latest month. Two-wheeler exports specifically contributed to this success, growing 21 per cent from 88,450 units to 1,06,879 units during the comparison period. 

Moving forward, TVS will further expand its portfolio to launch its debut adventure motorcycle, the Apache RTX 300. This upcoming bike has already been spotted several times being tested in real-world conditions, and the last time it was spotted, its Managing Director, Sudarshan Venu, was himself spotted testing the bike. Alongside, the TVS also confirmed that it will launch the iconic British brand, Norton Motorcycles, in India later this year. The brand is also slated to manufacture Norton bikes in the country, and it has already allotted £200 million (close to ₹2,200 crores) for this purpose.