TVS Motor Company - a global leader in two and three-wheeler manufacturing - together with its distributor Car & General launched the TVS King Deluxe Plus CNG 3 Wheeler in Tanzania. The launch announcement was conducted at Dar Es Salaam Gymkhana Sports Club in the presence of dealers, retail finance partners and fleet owners. This new CNG 3 Wheeler is designed to address the dynamic requirements of urban and semi-urban mobility.
The TVS King Deluxe Plus CNG 3 Wheeler combines robust design, performance, and reliability with cutting-edge technology. With this launch, TVS Motor Company underscores its commitment to providing Tanzanian customers with affordable, durable, and fuel-efficient mobility solutions. The legacy of "Mfalme Wao" ("Their King"), inspired by the enduring roots and heritage of kinship and leadership, acts as an inspiration for the company. This approach reinforces the product TVS King's identity as a trusted 3 Wheeler segment leader while ensuring a strong connection with customers, rooted deeply in the spirit of leadership and unity.
The New TVS King Deluxe Plus CNG offers premium features like King size driver seat, Strong Chassis & Body with Heavy duty pillars, Tubeless tyres with Gold coloured rims, 5 KG CNG tank with 8 Litre petrol fuel tank, stronger & longer steering column, large foldable mirrors.
Commenting on the launch, Mr. Rahul Nayak, Senior Vice President - International Business, TVS Motor Company, said, "Tanzania being a priority market for us, and the launch of TVS King Deluxe Plus CNG 3 Wheeler highlights our long-term commitment to delivering innovative and durable products. This 3 Wheeler will be setting a new benchmark in Tanzania, as there is a growing shift towards affordable and sustainable mobility solutions. With rising fuel prices and an increasing need for efficient public transport, this vehicle will support in delivering both economic and environmental advantages to drivers and fleet owners. As we continue to expand our presence here, we find Tanzania as a hub for opportunity and growth."
TVS King Deluxe Plus CNG 3 Wheeler has an unmatched combination of smart features, comfort, ergonomics and safety. The vehicle will empower businesses and also improve everyday life of operators. The product will be available across Dar Es Salam, Tanzania with our 33 dealers & sales touch points 50 service centres to deliver the vehicles on time with satisfactory experience.
TVS Motor is globally recognised for its engineering, innovation, and quality, with products sold in more than 80 countries across Asia, Africa, Latin America and Europe.
Shares of TVS Motor Company Limited was last trading in BSE at Rs. 3498.40 as compared to the previous close of Rs. 3499.45. The total number of shares traded during the day was 6844 in over 1054 trades.
The stock hit an intraday high of Rs. 3524.95 and intraday low of 3494.45. The net turnover during the day was Rs. 23997566.00.