India’s bestselling electric scooter gathers pace, eyes 1 million units next
TVS Motor Company’s flagship electric scooter, the TVS iQube, has crossed a major milestone in the domestic market, surpassing 8 lakh units in cumulative wholesales. The landmark was achieved by end-December 2025, reinforcing the iQube’s position as India’s highest-selling electric scooter.
TVS dispatched 35,177 units in December 2025, marking the fourth straight month with wholesales above 30,000 units—a clear sign of sustained demand.
iQube’s growth story: From slow start to rapid acceleration
The iQube’s sales trajectory highlights how sharply volumes have accelerated in recent years.
Key milestones at a glance
First 1 lakh units: Took over 3 years
Second 1 lakh units: Added in just 10 months
3 lakh milestone: Achieved in April 2024 (52 months after launch)
3 lakh to 7 lakh: Covered in 17 months
7 lakh to 8 lakh: Just 3 months (Oct–Dec 2025)
Overall, the iQube has taken 72 months (6 years) to cross the 8 lakh wholesales mark.
According to SIAM e-2W data, cumulative factory dispatches since its January 2020 launch stand at 8.24 lakh units, with exports adding another 4,045 units. Total production till December 2025 is pegged at 8.31 lakh units.
Strong pillar of TVS’ scooter business
The iQube has become a key contributor to TVS’ overall scooter volumes.
FY2025 scooter wholesales: 18.13 lakh units (↑ 25% YoY)
TVS market share: 26% of India’s scooter market
Total scooter market FY2025: 68.53 lakh units (all-time high)
Within this:
TVS iQube FY2025 wholesales: 2.73 lakh units
Share of TVS scooter sales: 15%
April–December 2025 performance
iQube wholesales: 2.53 lakh units (↑ 28% YoY)
TVS total scooter wholesales: 16.77 lakh units (↑ 26% YoY)
iQube contribution: 15%
Thanks to strong iQube demand, TVS’ scooter market share rose to 29% in April–December 2025—its highest ever.
Retail sales near 7.7 lakh units
While wholesales reflect factory dispatches, Vahan registration data offers insight into real-world customer demand.
Cumulative iQube retail sales (Jan 2020 – Jan 24, 2026): 7.65 lakh units
Best retail year: Calendar year 2025
Retail sales: 2.99 lakh units
Missed the 3 lakh mark by just 863 units
For comparison, Bajaj Auto’s Chetak—launched the same month—has recorded 5.85 lakh cumulative retail sales in the same period.
FY2026 on track to be the iQube’s biggest year yet
FY2026 is shaping up to be the strongest year ever for the iQube.
Wholesales in first 9 months (FY2026): 2.53 lakh units
Just 19,475 units short of FY2025’s full-year total
Monthly peak: 38,191 units (November 2025)
Q3 FY2026 average: 35,119 units per month
With Q4 still to come and demand holding firm, TVS is on track to:
Cross 3 lakh iQube wholesales in FY2026
Push cumulative sales beyond 9 lakh units
Move closer to the 1 million-unit milestone
What’s driving iQube demand?
A combination of pricing corrections and product upgrades has fuelled the recent surge:
Price reductions of up to ₹26,000 (enabled by GST-related changes)
Battery capacity upgrades across variants
Wider variant spread covering different range and price points
These updates have strengthened the iQube’s value proposition in India’s fast-growing electric two-wheeler segment.
FAQs: TVS iQube sales milestone
Q1. How many TVS iQube scooters have been sold in India?
TVS has crossed 8 lakh units in cumulative wholesales by December 2025.
Q2. Is TVS iQube India’s best-selling electric scooter?
Yes, the iQube currently holds the position of India’s largest-selling electric scooter.
Q3. How long did the iQube take to reach 8 lakh sales?
It took 72 months (6 years) from its January 2020 launch.
Q4. What were iQube sales in December 2025?
TVS dispatched 35,177 units in December 2025.
Q5. Will iQube cross 1 million sales soon?
With FY2026 on track to exceed 3 lakh units, cumulative sales could cross 1 million units in the near future.
