The 1 million milestone was crossed in April 2022 and the current sales figure stands at 1,124,661 units.
The TVS NTorq scooter range, which was launched on February 5, 2018, has crossed the million-unit sales milestone in the first few days of April 2022, and has gone on to clock a total of 1,124,661 units till end-August 2022. When FY2022 ended in March 2022, total sales were just 1,368 units shy of the million-units mark.
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NTorq second TVS scooter to cross 1 million mark after Jupiter
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TVS’ market share increased from 12.68% in 2014 to 24% currently
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Today the NTorq can be had in a variety of 6 variants
TVS NTorq sales trajectory
Within two months of its launch, the NTorq recorded 19,809-unit sales and went on to clock 213,039 units in FY2019, its first full year of sales. In FY2020, it recorded sales of 265,016 units, up 24% YoY. Even as the Covid pandemic took grip across the country and despite the lockdowns across the country in FY2021, the scooter sold 251,491 units – which is a monthly average of 20,957. Current FY2022 added sales of 249,277 units, marginally down YoY.
TVS NTorq: helping TVS increase its scooter marketshare
The NTorq range with 126,029 units in April-August 2022 is a strong contributor – 24% – to TVS’s overall scooter sales of 523,458 units. Jupiter with 315,590 units remains the biggest contributor with a 60% share. It is worth noting that TVS’ April-August 2022 sales of 523,458 scooters are its best-ever total recorded for the first five months of a fiscal year 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% scooter market share. Eight years later, that share has doubled. TVS Motor Co is now No. 2 in scooter market share after Honda’s 48.50 percent. Third-placed Suzuki has a 13% share. Along with the Jupiter, which has crossed five million sales in the domestic market since its launch in September 2013, and the NTorq, TVS now has two models in its scooter portfolio with more than a million units sold.
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 124.79cc air-cooled, single-cylinder engine making 9.5hp and 10.5 Nm. The Race XP develops slightly more power out of the same engine, with peak output figures of 10.2hp and 10.8 Nm. The recently launched NTorq XT is the flagship of the NTorq range, sporting a small TFT display in combination with a 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 going 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.