Terra Motors Unveils Game-Changing EV Infrastructure

- Advertisement -
- Advertisement -

Targeting 1,000 stations by next year, Terra pivots to power India’s EV revolution.

Japanese auto powerhouse Terra Motors Corporation recently announced its strategic move into India’s blossoming EV charging infrastructure realm. The bold entrance is marked by the launch of ‘Terra Charge’, a dedicated initiative to build a robust EV charging framework in the country.

The ambitious company has set its sights on a comprehensive rollout plan. By March of the coming year, Terra Motors envisions establishing between 800 to 1,000 charging points. This aggressive expansion strategy is not just about fortifying India’s EV infrastructure; it’s also a business maneuver. The corporation projects an impressive target annual revenue of USD 668,000 from this initiative alone.

- Advertisement -

Terra Motors has already inaugurated its premier set of charging stations in Haryana. But this is merely the tip of the iceberg. The company’s blueprint includes an extensive foray into other vital regions, with West Bengal and Maharashtra earmarked for the subsequent phase of deployment.

A distinct edge that Terra Charge brings to the table is its diversified charger portfolio. Recognizing the variegated requirements of the Indian market, the company offers a suite of chargers. These have been meticulously designed to cater to various needs, encompassing fleet operations, commercial establishments, residential communities, and private parking areas.

In a statement shedding light on this monumental pivot, Terra Motors’ CEO, Akhiro Ueda, expressed, “The surge in EV demand in India is undeniable. With Terra Charge, we’re broadening our horizons to address the associated infrastructure challenges head-on.” Ueda underscored the firm’s intent to harness its deep-rooted expertise in e-mobility to enhance the accessibility and efficiency of EV charging across the Indian subcontinent.


 

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive

Six Steps To Building Better Business Assets

0
In the journey of asset-building, solving good problems trumps battling bad ones. Dive into six essential steps for building and leveraging effective assets—the game-changer...

India’s Solar Capacity Installation Down By 44.1%, Delayed Projects To Add To 2024 Installations

0
Large-scale solar installations saw a notable decline of 50.8% YoY to 5.8 GW from 11.7 GW in 2022, constituting 77.2% of the annual capacity...

Infineon Technologies Sells Manufacturing Sites To ASE

0
This strategic move aims to balance in-house and external manufacturing for profitable growth, leveraging mutual synergies between the companies to drive industry growth and...

Buzz

Bajaj Auto And Magna Increase Their Ownership In Yulu

0
Returning investors Bajaj Auto and Magna have invested $19.25 million in shared electric mobility company Yulu as part of a Series B round of...

BIWIN And Lenovo Collaborate To Launch SSDs In India

0
Lenovo SSDs deliver high-performance storage solutions catering to both consumer and business needs. BIWIN has partnered with Lenovo to introduce the latest Lenovo-branded SSDs in...

IIT Guwahati And Edurade Launch India’s Largest Remote Pilot Training Program

0
This first-of-its-kind training program is specifically designed for Junior Commissioned Officers (JCOs) and other officers, aiming to modernise the operations of the armed forces.  The...

Important Sectors

India’s Solar Capacity Installation Down By 44.1%, Delayed Projects To Add To 2024 Installations

0
Large-scale solar installations saw a notable decline of 50.8% YoY to 5.8 GW from 11.7 GW in 2022, constituting 77.2% of the annual capacity...

Bajaj Auto And Magna Increase Their Ownership In Yulu

0
Returning investors Bajaj Auto and Magna have invested $19.25 million in shared electric mobility company Yulu as part of a Series B round of...

IIT Guwahati And Edurade Launch India’s Largest Remote Pilot Training Program

0
This first-of-its-kind training program is specifically designed for Junior Commissioned Officers (JCOs) and other officers, aiming to modernise the operations of the armed forces.  The...

Servotech Secures Order For 1500 DC Fast EV Chargers From HPCL And OEMs

0
Servotech Power Systems Ltd. secures a significant order for 1500 DC fast EV chargers from HPCL and other OEMs, valued at 102 crores, to...

CIL Announces 3GW Solar Projects, Aims For 5GW RE Addition

0
CIL is laying the groundwork for its 5 GW renewable energy goal. Coal India Limited (CIL) has announced its plans to set up 3 gigawatts...

Manufacturing

Applied Ventures Funds VVDN Technologies

0
The investment demonstrates Applied Ventures' dedication to promoting innovation, collaboration, and entrepreneurship within the semiconductor and electronics manufacturing sectors. Applied Ventures, LLC, the venture capital...

Haryana EV-CO To Manufacture L3, L5 EVs At New Plant

0
The EV maker is self-funded and operates a modern manufacturing facility with cutting-edge technology and equipment. It specializes in producing two and three-wheelers, with...
Sona Comstar

Sona Comstar: First Indian Auto Supplier With PLI Certification

0
Sona Comstar, a leading EV traction motor manufacturer in India, receives PLI certification for its electric two-wheeler traction motor. Sona BLW Precision Forgings, commonly known...

Indian Manufacturers To Get Chinese Mobile Production Orders

0
Dixon has secured an order from Oppo for making phones, with an order size of around 5-6 lakh units per month.  Chinese firms have finally...

VinFast To Begin Construction Of TN Factory On Feb 25

0
The collaboration between VinFast and the Tamil Nadu Government commenced with the signing of a Memorandum of Understanding (MoU) on January 6, 2024. This...