# TVS Motor to boost EV capacity to 50,000 units monthly

2026-09-17T22:57:03+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 3 independent outlets

TVS Motor Company plans to increase its monthly electric vehicle production capacity to over 50,000 units, up from the current 40,000-45,000 units, as EV registrations surged 90% in August to 48,938 units. The company reported that EV penetration in the Indian two-wheeler industry has reached about 10%, compared with 6.7% a year earlier. Gaurav Gupta, president of TVS's India two-wheeler business, said the Middle East crisis has driven consumers toward EVs due to concerns over fuel price hikes. The company also highlighted a shift toward premium motorcycles (150cc and above), which are growing at over 22%. TVS said its premium motorcycle business grew 29% over the past two to two-and-a-half years, outpacing the industry's 12% growth. Vimal Sumbly, head of premium business, attributed this to easier finance, better roads, and first-time buyers entering the segment. TVS is exploring alternative electric motor technologies to secure its supply chain against disruptions in semiconductors and magnets, without committing to a single motor type.

## Indian Opinion Analysis

All three sources report TVS's EV expansion and premiumisation trend without significant editorial slant. Business Today leads with the EV capacity increase and market share data, The Hindu focuses on the premium motorcycle growth and festive launches, and Rediff provides the most detailed breakdown of sales figures and supply chain strategy. The coverage is uniform straight reporting, with no source questioning TVS's optimism or independently verifying its claims. The implication is that TVS is positioning itself to capture both the premium ICE and growing EV segments ahead of the festive season. Watch for whether the company's monthly EV sales sustain the 90% growth rate as capacity expands.

## Coverage

- businesstoday.in (neutral report) <https://www.businesstoday.in/auto/story/tvs-motor-to-increase-monthly-ev-capacity-to-over-50000-units-as-sales-boom-556303-2026-09-17?utm_source=rssfeed>
  Straight business reporting with sales figures and executive quotes
- thehindu.com (neutral report) <https://www.thehindu.com/business/premium-motorcycles-grow-22-as-indian-two-wheeler-market-shifts-up-tvs/article71476613.ece>
  Focus on premium segment growth and festive launches, no critical framing
- rediff.com (neutral report) <https://www.rediff.com/business/report/auto-tvs-motor-premium-two-wheelers-top-variants-and-ev-expansion-fuel-growth/20260919.htm>
  Detailed breakdown of sales data and supply chain strategy, neutral tone

Tags: Bajaj Auto, electric vehicles, Gaurav Gupta, motorcycles, TVS Motor
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