Terra Motors Forays into EV Charging Space in India

CIOTechOutlook Team | Friday, 20 October 2023, 02:41 IST

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Terra Motors Corporation, a Japanese electric car manufacturer, has announced its entry into the Indian EV charging infrastructure market. Terra Charge, the company's EV charging infrastructure development business, has begun operations in India. 
 
The company aims to deploy 800 to 1,000 charging points by the end of March next year with a target annual revenue of USD 668,000. They have installed the first set of charging stations in Haryana with plans to expand to West Bengal, Maharashtra in the coming leg, it added. Under Terra Charge, the company deployed a comprehensive range of chargers tailored to meet the requirements of fleets, commercial properties, residential societies, and personal parking spaces, as per PTI.
 
"We are expanding our offerings to include EV charging infrastructure service with Terra Charge to cater to the rapid shift in EV demand in India and resolve infrastructure challenges," Terra Motors CEO Akhiro Ueda noted.
 
Terra Charge hopes to harness the company's understanding of the e-mobility business to deliver EV charging facilities across India, he added.
 
Terra Motors Corporation is at the forefront of Asia's transportation revolution. Mr. Toru Tokushige, a visionary, founded the company in April 2010 with the goal of establishing an environmentally friendly transportation system in Asian countries. We have set our eyes on solving the serious issue of air pollution produced by motorcycle exhaust emissions, knowing that over 80% of worldwide gasoline motorcycle sales are located in Asia. 
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