Terra Motors Corporation, is believed to be No.1 electric motorcycle ＆ electric tricycle manufacturing company in Japan, which is funded by former president from Apple Japan, Google Japan, SONY, Compaq Japan.
Tokyo’s Terra motors vehicle is expected to help electric vehicle transport go green from the ground up.
The company is scheduled to expand their business to the Asian market in near future. Talking to The Automobile Times the company representative that India is one of the potential market for their vehicles, and the company seriously exploring the opportunities for the early entry.
Generally speaking, EVs tends to be thought as mobility for European countries or America, but this is totally different, which is sensation.
The market sources believe that the Japanese leading company of electric scooter “Terra Motors” has come to we recognise as world’s first mass production of Electric 3-wheeler.
The company not only produce Electric scooters, but also electric 3- wheelers. In Asia, 3-wheeler market has expanded rapidly, because it is cheap and freight is large, compare to cars. For example, in India , the production number of three-wheel taxis is increasing twice by these five-year, and the Philippines, Sri Lanka, Bangladesh also shows the same transition.
Moreover, it is thought that electric-ization of the three-wheel taxi in Asia progresses quickly from aggravation of air pollution and the rise of constant shortage of gasoline and a price. For example, in India, gasoline cost has increased also 2.5 times by these ten-year Hazama.
The company’s prototype was completed lately, and they are aiming at world top share acquisition within 2014, the company will advance to Asian countries, and plan to establish branch officein India this year.
◆ About: Terra Motors Corporation
・ Company Name Terra Motors Corporation
・ Foundation April 2010
・ CEO & Founder Toru Tokushige
・ Office 34-5, Udagawa-cho, Shibuya-ku, Tokyo 150-0042, Japan
・ Factory Vietnam / Philippines
・ Paid in Capital 6.621 million yen
・ Business Design Manufacturing, Selling and Service for electric vehicle
