- Jupiter CNG should hit the market come 2025
- Company targeting 1,000 units sales per month
- TVS sells 1 out of 4 scooters sold in India
TVS Jupiter CNG launch, engine details
People in the know say the company targets to sell around 1,000 units of its gas-based scooters per month. The intention is to offer prospective buyers cleaner alternatives and reduce the company's CO2 footprint.
Responding to an email, TVS Motor Company’s spokesperson said: "All the technology options (CNG, EV, multi-fuels, etc.) are very exciting, and we are interested. But as outlined in the previous investor call, our plan this year is to launch another electric vehicle, an ICE vehicle, and an E3W vehicle. We are working towards that. We have already launched several variants of the TVS iQube this year. At the core of any choice that we make on the technology is whether it will make TVS owners happy and proud."
The South Indian two-wheeler major is known for its robust R&D setup and effort to develop innovative solutions for the market. The company has the most diverse product portfolio in the country, ranging from mopeds to scooters to motorcycles. It also makes an electric bike for BMW and big bikes under the Norton Motorcycle brand.
TVS Motor is the third-largest two-wheeler maker in the country, with a market share of 18 percent and sales of 3.15 million units. It is also India's second-largest scooter manufacturer, accounting for one in four scooters sold nationwide. It sells around 1 million motorcycles and half a million Mopeds annually.
The Bajaj Freedom 125 comes with a 2-litre petrol tank and a 2-kilogram CNG cylinder. The company claims the bike has an efficiency figure of 102km/kg for CNG and 65km/litre for petrol, so combined, it can run for roughly 330km. Priced between Rs 95,000 lakh and Rs 1.10 lakh, it competes in the same range as other 125cc commuter motorcycles. The Jupiter 125 is currently priced between Rs 79,299 and Rs 90,480 (ex-showroom, Delhi), and the Jupiter CNG is expected to be priced in the same range as the Freedom 125 upon launch.