TVS Motor moped sales down in FY21

Chennai: The total production and sales of moped for TVS Motor Company Ltd declined the last fiscal slightly as compared to the previous fiscal.

The two and three-wheeler maker TVS Motor is the only company that rolls out mopeds.

The company makes TVS XL model.

Last fiscal TVS Motor produced a total of 636,218 mopeds, down from 649,678 units during 2019-20.

During 2020-21 TVS Motor sold 625,560 mopeds (domestic 617,247 units, exports 8,313 units), down from 650,671 units (domestic 636,812 units, exports 13,859 units) sold during 2019-20.

(IANS)

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