TVS Motor, a leading manufacturer of two wheelers and three wheelers, has tied up with energy company Petronas for the title partnership of TVS Racing. TVS Motor is making Petronas its racing partner from this season. Let us tell you that TVS Racing is the first of its kind racing team sponsored by an Indian bike brand.
As part of this partnership, Petronas will provide its petroleum products to the TVS Racing team. TVS Racing will provide PETRONAS high-performance engine oil to vehicles used in various races organized by the team such as rally, supercross and road racing.
Let us tell you that TVS Motor has been organizing motorsport and racing competitions in the country since 1982. The company also trains the youth of the country for motorsport and racing. This partnership is expected to further increase the popularity of TVS Racing in the country.
TVS in partnership with Petronas is also gearing up to launch high performance lubricants for its bikes in the Indian market. The company has also announced the launch of Petronas TVS True-For Race Pro engine oil in May 2022. TVS Apache is the company’s Racing DNA bike range that the company sells in the Indian market as well as the global markets.
The company is selling Apache RTR 160, Apache RTR 180, Apache RTR 1604 V, Apache RTR 2004V and Apache RTR 330. Apart from this, the company has also launched Ntorq 125 scooter with racing DNA. TVS Motor has sold a total of 3,07,954 units of vehicles which includes two wheelers and three wheelers in March 2022.
In March 2022, the company sold a total of 2,92,918 units of two-wheelers, while in the same month last year, the company sold 3,07,397 units of two-wheelers, registering a decline of 4.8 percent in March 2022. . If we look at the exports, the company exported 1,09,724 units of vehicles from India last month, as compared to the same month last year, the company exported 1,19,382 units of vehicles. The company’s exports have registered a decline of 8.4 percent.