TVS Motor July 2026 Sales: Dispatches Rise 42% as Jupiter, iQube and Apache Drive Strong Growth

TVS Motor Company delivered a strong performance in July 2026, with model-wise dispatches reaching 4,37,394 units, compared with 3,08,720 units in July 2025. This translates to a robust 42% year-on-year growth.

On a month-on-month basis too, TVS maintained positive momentum. Dispatches increased by 6% from 4,11,014 units in June 2026.

The July performance was led by the TVS Jupiter, while the iQube Electric, Apache, XL Super, Ntorq and Ronin also recorded healthy year-on-year gains.

TVS Model-wise Sales – July 2026

Model	July 2026	July 2025	YoY Growth	June 2026	MoM Growth
Jupiter	1,48,595	1,24,876	19%	1,36,805	9%
Apache	59,404	37,566	58%	55,382	7%
iQube Electric	59,386	23,029	158%	47,331	25%
XL Super	50,497	33,991	49%	50,155	1%
Ntorq	38,336	26,258	46%	37,762	2%
Raider	34,125	24,511	39%	36,983	-8%
Radeon	13,927	10,102	38%	12,920	8%
Ronin	10,738	5,517	95%	10,157	6%
Zest	10,358	9,444	10%	10,104	3%
Sport	9,789	10,160	-4%	11,560	-15%
RR310	2,239	498	350%	1,855	21%
Star City	0	2,768	-100%	0	0%
Total	4,37,394	3,08,720	42%	4,11,014	6%

• The TVS Jupiter was the top-dispatched model for the company in July 2026, with 1,48,595 units. This marks a 19% year-on-year increase from 1,24,876 units in July 2025 and a 9% month-on-month rise from 1,36,805 units in June. Jupiter accounted for about one-third of TVS' total dispatches, underscoring the scooter's significance to the company's volumes.

• The TVS Apache range significantly contributed to growth, with 59,404 units dispatched in July 2026, marking a 58% increase from 37,566 units in July 2025 and a 7% rise from 55,382 units in June 2026.

• The TVS iQube Electric recorded a strong performance with 59,386 units in July, a 158% YoY increase from 23,029 units in July 2025. Sequentially, volumes rose 25% from 47,331 units in June 2026. With nearly 60,000 units in one month, the iQube is now a major volume contributor for TVS, nearly matching the Apache range in July.

• The TVS XL Super sold 50,497 units, a 49% YoY increase from 33,991 units. Month-on-month sales rose by 1% from 50,155 units in June, highlighting TVS' strong presence in utility mobility, especially in semi-urban and rural markets.

• In July 2026, TVS' Ntorq scooter saw dispatches of 38,336 units, a 46% YoY increase from 26,258 units and a 2% rise from 37,762 units sequentially. Along with the Jupiter, the Ntorq contributed to TVS' strong ICE scooter performance, complementing the growing iQube EV portfolio.

• The TVS Raider sold 34,125 units, a 39% increase from 24,511 units in July 2025, but an 8% decline from 36,983 units in June 2026. Despite this, it remains a key volume driver for TVS.

• The TVS Ronin saw strong growth, with 10,738 units in July 2026, a 95% YoY increase from 5,517 units in July 2025, and a 6% rise from June's 10,157 units. Surpassing 10,000 units monthly shows its growing acceptance in the lifestyle motorcycle segment.

• The TVS RR310 saw the highest percentage growth in the portfolio, with dispatches rising 350% YoY to 2,239 units from 498 in July 2025. Volumes also increased 21% from 1,855 units in June.

• The TVS Radeon saw a 38% YoY increase in July with 13,927 units dispatched, up 8% MoM. In contrast, the TVS Sport declined, with 9,789 units dispatched, down 4% YoY and 15% MoM.

• The Star City, meanwhile, recorded no dispatches during July 2026, against 2,768 units in July 2025.

TVS July 2026 model-wise dispatches – Jupiter leads at 1,48,595 units while iQube Electric grows 158% YoY.

Auto Punditz Take

TVS Motor's July 2026 model-wise numbers reflect broad-based growth rather than dependence on a single product.

While the Jupiter remains the undisputed volume leader, the more interesting development is the rapidly increasing contribution of the iQube Electric. At 59,386 units, iQube was separated from the Apache portfolio by just 18 units during the month.

The company is therefore building meaningful scale across three distinct pillars — ICE scooters, motorcycles and electric scooters.

Apache's 58% growth, XL Super's 49% increase and Ntorq's 46% expansion further strengthened the overall performance, while premium products such as the Ronin and RR310 recorded some of the fastest percentage gains.

With total model-wise dispatches rising 42% YoY and 6% MoM to 4.37 lakh units, July 2026 was an exceptionally strong month for TVS, with the rapid scaling of its electric two-wheeler business emerging as a particularly important trend to watch.