TVS Ntorq crosses 1 million units sales milestone

    The 1 million milestone was crossed in April 2022 and the current sales figure stands at 1,124,661 units, according to an analysis.

    Published On Sep 26, 2022 03:47:00 PM

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    TVS NTorq crosses 1 million sales unit milestone.
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    The TVS NTorq scooter range, which was launched on February 5, 2018, crossed the million unit sales milestone in the first few days of April 2022, according to a sales analysis by our sister publication Autocar Professional. The scooter has gone on to clock a total of 11,24,661 units till August 2022, and at the end of March 2022, the total sales were just 1,368 units shy of million units.

    • NTorq is the second TVS scooter to cross 1 million mark after Jupiter
    • TVS’ scooter market share has doubled since 2014
    • The NTorq is offered in up to six variants now

    TVS NTorq sales trajectory

    Within two months of its launch, the NTorq recorded 19,809-unit sales, and went on to clock 2,13,039 units in FY2019 (April 2018-March 2019), its first full year of sales. In FY2020 (April 2019-March 2020), it recorded sales of 2,65,016 units, up 24 percent. Even as COVID-19 gripped the country, in 2020 and 2021, the scooter sold 2,51,491 units – a monthly average of 20,957 units. Last financial year, however, sales were marginally down to 2,49,277 units.

    TVS NTorq: helping TVS increase its scooter marketshare

    The NTorq range with 1,26,029 units in April-August 2022 is a strong contributor – 24 percent – to TVS’s overall scooter sales of 5,23,458 units. The Jupiter with 3,15,590 units remains the biggest contributor with a 60 percent share. It is worth noting that TVS’ April-August 2022 sales of 5,23,458 scooters are its best-ever total recorded for the first five months of a fiscal year in over a decade. The other scooters in TVS’ stable are the Zest, Pep+ and the electric iQube.

    When the Jupiter entered the market in FY2014, TVS had a 12.68 percent scooter market share. Eight years later, that share has doubled, with TVS Motor Co now placed second in the scooter market after Honda’s 48.50 percent, and Suzuki coming in third with a 13 percent share. Along with the Jupiter – which has crossed five million sales in the domestic market since its launch – and the NTorq, TVS now has two models in its scooter portfolio which have sold over a million units.

    TVS NTorq variants

    The NTorq is available in six variants – drum, disc, Race Edition, Super Squad Edition, Race XP and XT. All of them, except the Race XP, are powered by the same 9.5hp, 10.5Nm, 124.79cc air-cooled, single-cylinder engine. The Race XP develops slightly more power out of the same engine, with peak output figures of 10.2hp and 10.8Nm. The recently launched NTorq XT is the flagship of the NTorq range, and sports a small TFT display in combination with an LCD dash, which opens up a whole host of connectivity options. Currently, prices for the NTorq range start at Rs 78,506 for the base drum variant and go up to Rs 98,511 for the range-topping XT variant. 

    All prices mentioned are ex-showroom, Delhi.

    Which variant of the NTorq would you pick? Let us know in the comments section below. 

    Copyright (c) Autocar Professional. All rights reserved.

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