Terra Motors targets Indian e-vehicle market

Feb 19, 2016

Terra Motors, the leading manufacturer of electric two and three wheelers in Japan announced the launch of its Y4Alfa e-rickshaw on Thursday. 

Priced at about Rs 1,30,000, Y4Alfa is powered by Terra battery unit which gives a range of 100 km on full charge. The average weight of the e-rickshaw is 380 kg and can accommodate 5 people, including the driver.  

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With expertise in R&D for electric vehicles, Terra Motors also launched its Terra Battery for the Indian market, which is on the line of Make in India initiative by the government.

Terra Battery is priced close to Rs 27000 with one year warranty and is manufactured in Bangalore. It has a life span of at least eighteen months as compared to ordinary batteries, thus, reducing the operational cost of drivers, significantly.

Reiterating its commitment to the Indian market, Teppei Seki, Country Director, Terra Motors said, "India is the second-largest producer of three-wheelers in the world. Hence, India is an important market for us. We plan to sell 30,000 units of e-rickshaws and 20000 sets of Terra Batteries by the end of the fiscal year."

"Terra Motors is committed to bring in its high quality Japanese offering and services to the Indian market. Along with the product superiority, we also aim to enhance our sales and service support though the seasoned dealers in order to enrich customers experience," he further said.

Source: Business today in