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Business Standard
5 days ago
- Automotive
- Business Standard
Terra Motors Appoints L5 Dealership to Top L3 Dealers in Varanasi; 200km Range from Rs.3.65L, Zero Down Payment; Targets 100 Dealers in India
NewsVoir Gurgaon (Haryana) [India], June 18: Terra Motors, a Japanese electric vehicle OEM, has appointed its first L5 category dealer in India, marking a milestone in its nationwide expansion plan. The new dealership, M.M. Enterprises, located in Varanasi, will take charge of Terra's L5 sales and service operations in the region, offering the flagship model Kyoro+, a high-speed (L5) electric 3-wheeler designed for urban and semi-urban transport. This appointment comes in response to the overwhelming interest generated post-launch. Since the official unveiling on May 27, Terra Motors has received over 100 dealership enquiries within just two weeks. Its a signal of the market's readiness for the high-speed auto segment. Terra Motors is now actively onboarding forward-looking dealers, with a specific focus on partners from both existing L3 markets and established L5 territories. "This is more than just our first dealer appointment - it's the milestone for our aggressive expansion strategy," said Mr. Go Suzuki, Managing Director, Terra Motors India. "We are witnessing a shift in how cities approach clean mobility. With Kyoro+, we aim to lead this transformation by offering a product that is high on performance and accessible through flexible finance options like zero down payment. The appointment in Varanasi reflects the power of the product-market fit and our intent to grow rapidly across Uttar Pradesh." With many L3 (e-rickshaw) dealers facing regulatory restrictions in key city areas, Terra Motors is encouraging them to transition to the growing L5 segment. The newly appointed dealer, M.M. Enterprises, had been operating in the L3 category with one of the leading OEMs with strong sales volume, but identified the potential in L5 due to evolving local traffic norms limiting CNG and e-rickshaws on main roads. Recognising this shift, he was attracted to Terra's L5 offering. Mukhtar Ansari, proprietor of M.M. Enterprises, shared, "We're excited to partner with Terra Motors and introduce a product that ticks every box - mileage, comfort, price, and most importantly, financing for end customers." The Kyoro+ is engineered for efficiency and comfort with a range of 200 km, 5-year warranty, and on-road price starts from Rs. 3.65 lakh. Backed by Terra Finance's zero down payment offer, it becomes one of the most compelling choices in the L5 passenger vehicle category. This announcement is just the amplification of Terra Motors' aggressive dealer network expansion for the L5 segment. We're inviting established L3 dealers to upgrade with us and lead the L5 shift in your city. Be among the first in your region. The company aims to establish a strong footprint across key Indian cities by onboarding dealers with EV OEM background. Terra Motors Corporation is a leading Japanese manufacturer of electric two- and three-wheelers, founded in April 2010 and headquartered in Tokyo. The company operates production plants in India, Bangladesh, Vietnam, and Japan, serving markets across South and Southeast Asia, including India, Nepal, Taiwan, and Thailand. Since entering India in 2014, Terra Motors has rapidly expanded its presence, establishing over 400 dealers by 2024, and continually increasing its production capacity. Terra Motors also operates Terra Charge, its dedicated EV charging infrastructure division, with the goal of deploying up to 1,000 charging points in India to support the country's growing electric mobility ecosystem. The company remains committed to sustainable mobility and actively supports India's "Make in India" initiative through innovative electric vehicle solutions. For dealership inquiries or to book the electric vehicle, please contact us at or WhatsApp us at +91 91477 52921.
Fashion Value Chain
5 days ago
- Automotive
- Fashion Value Chain
Terra Motors Appoints L5 Dealership to Top L3 Dealers in Varanasi; 200km Range from Rs.3.65L, Zero Down Payment; Targets 100 Dealers in India
Terra Motors, a Japanese electric vehicle OEM, has appointed its first L5 category dealer in India, marking a milestone in its nationwide expansion plan. The new dealership, M.M. Enterprises, located in Varanasi, will take charge of Terra's L5 sales and service operations in the region, offering the flagship model Kyoro+, a high-speed (L5) electric 3-wheeler designed for urban and semi-urban transport. Mr. Go Suzuki (MD, Terra Motors) with newly appointed L5 dealer in Varanasi, Uttar Pradesh This appointment comes in response to the overwhelming interest generated post-launch. Since the official unveiling on May 27, Terra Motors has received over 100 dealership enquiries within just two weeks. Its a signal of the market's readiness for the high-speed auto segment. Terra Motors is now actively onboarding forward-looking dealers, with a specific focus on partners from both existing L3 markets and established L5 territories. 'This is more than just our first dealer appointment – it's the milestone for our aggressive expansion strategy,' said Mr. Go Suzuki, Managing Director, Terra Motors India. 'We are witnessing a shift in how cities approach clean mobility. With Kyoro+, we aim to lead this transformation by offering a product that is high on performance and accessible through flexible finance options like zero down payment. The appointment in Varanasi reflects the power of the product-market fit and our intent to grow rapidly across Uttar Pradesh.' With many L3 (e-rickshaw) dealers facing regulatory restrictions in key city areas, Terra Motors is encouraging them to transition to the growing L5 segment. The newly appointed dealer, M.M. Enterprises, had been operating in the L3 category with one of the leading OEMs with strong sales volume, but identified the potential in L5 due to evolving local traffic norms limiting CNG and e-rickshaws on main roads. Recognising this shift, he was attracted to Terra's L5 offering. Mukhtar Ansari, proprietor of M.M. Enterprises, shared, 'We're excited to partner with Terra Motors and introduce a product that ticks every box – mileage, comfort, price, and most importantly, financing for end customers.' The Kyoro+ is engineered for efficiency and comfort with a range of 200 km, 5-year warranty, and on-road price starts from Rs. 3.65 lakh. Backed by Terra Finance's zero down payment offer, it becomes one of the most compelling choices in the L5 passenger vehicle category. This announcement is just the amplification of Terra Motors' aggressive dealer network expansion for the L5 segment. We're inviting established L3 dealers to upgrade with us and lead the L5 shift in your city. Be among the first in your region. The company aims to establish a strong footprint across key Indian cities by onboarding dealers with EV OEM background. About Terra Motors Terra Motors Corporation is a leading Japanese manufacturer of electric two- and three-wheelers, founded in April 2010 and headquartered in Tokyo. The company operates production plants in India, Bangladesh, Vietnam, and Japan, serving markets across South and Southeast Asia, including India, Nepal, Taiwan, and Thailand. Since entering India in 2014, Terra Motors has rapidly expanded its presence, establishing over 400 dealers by 2024, and continually increasing its production capacity. Terra Motors also operates Terra Charge, its dedicated EV charging infrastructure division, with the goal of deploying up to 1,000 charging points in India to support the country's growing electric mobility ecosystem. The company remains committed to sustainable mobility and actively supports India's 'Make in India' initiative through innovative electric vehicle solutions. For dealership inquiries or to book the electric vehicle, please contact us at or WhatsApp us at +91 91477 52921.
Time of India
03-06-2025
- Automotive
- Time of India
Terra Charge launches EV charging station at Agartala Airport
Terra Charge , in collaboration with the Airports Authority of India (AAI), has launched an EV charging station at Maharaja Bir Bikram (MBB) Airport in Agartala. The inauguration introduces 7.4 kW and 10 kW chargers to address the growing demand for EV charging, supporting Tripura's electric vehicle policy and reducing range anxiety for EV users. This initiative is part of a long-term partnership between Terra Charge and AAI to equip Indian airports with future-ready EV charging infrastructure, allowing users to locate and pay for charging via the Terra Charge Mobile App. Terra Charge has already established charging stations at airports in Bhopal and Ranchi, with the Srinagar airport station ready to go live and another under construction at Imphal, aiming to reduce carbon emissions and support eco-friendly transportation. Go Suzuki, Managing Director of Terra Charge, said 'This launch marks another milestone in our mission to make EV charging accessible, reliable, and convenient for all. Airport locations are critical transit hubs, and by enabling EV users to recharge effortlessly here, we are eliminating a key barrier to EV adoption. In addition, our partnership with AAI reflects a shared commitment to accelerating India's green mobility transition. With this new charging station at MBB Airport, we are one step closer to a future where range anxiety is a thing of the past.'
India.com
28-05-2025
- Automotive
- India.com
Terra Motors Unveils KYORO+ E-Auto in India, Targets 5,000 Units/Month and 100 Dealerships by 2025
Terra Motors India Unveils KYORO+ Electric Auto; Sets Ambitious 2025 Goals with 100 Dealerships and 5,000 Units Monthly New Delhi, India – Terra Motors India, a subsidiary of the Japanese electric vehicle pioneer, has launched its latest electric three-wheeler, KYORO+, at a high-profile event held at The Lalit, New Delhi. The unveiling was attended by key dignitaries, including BJP National Spokesperson Shehzad Poonawalla. Named after the Japanese word for agility and alertness, KYORO+ exemplifies smart, swift urban mobility tailored to Indian roads. With this launch, Terra Motors expands its L5 electric auto portfolio alongside existing models Y4A, Rizin, and Pace. The company has laid out bold plans for 2025: expanding to 100 dealerships nationwide and scaling production to 5,000 units per month. Terra Motors also aims to solidify its position as India's leading electric auto manufacturer in the country's booming USD 1.17 billion three-wheeler market. 'With over 100,000 L3 vehicles sold and a strong presence in East India, we're ready to redefine electric mobility with KYORO+,' said Go Suzuki, Managing Director of Terra Motors India. 'Our zero down payment financing through Terra Finance makes clean mobility more accessible and inclusive.' Toru Tokushige, Founder & CEO of Terra Motors, emphasized the company's commitment to the Indian market: 'India is central to our global strategy. KYORO+ represents our drive to lead through innovation and raise the bar for electric vehicles.' The KYORO+ is engineered for performance and practicality, offering: * Range: Up to 200 km on a single charge * Acceleration: 0–28 km/h in just 5.6 seconds * Top Speed: 55 km/h * Gradeability: Climbs slopes up to 22% when fully loaded * Design: Spacious seating and large luggage capacity Customers can book KYORO+ via the official Terra Motors website or through authorized dealerships across India.
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Business Standard
27-05-2025
- Automotive
- Business Standard
Terra Motors launches electric auto to boost presence in L5-EV segment
Electric vehicle maker Terra Motors on Tuesday expanded its electric vehicle range in the country as it looks to strengthen its presence in the country. The Japanese firm, which introduced the electric three-wheeler KYORO+ to cater to the passenger segment, already has a sizable presence in electric rickshaws (L3) in India having sold over 1.5 lakh units so far. With the new model, the company aims to bolster its position in the electric three-wheeler segment (L5). Terra Motors India Managing Director Go Suzuki said the company aims to garner around 5-8 per cent market share in the segment which sees sales of around 1.5-1.6 lakh units per annum. The company also has ambitious plans to scale up the sales network and production capacity in the country, he noted. "We aim to establish 100 dealerships across the country and scale up production capacity of the electric auto-rickshaws to around 5,000 units per month," Suzuki said. The company currently has a manufacturing capacity of around 5,000-10,000 units (L5) per year at its Manesar-based plant. It also produces around 3,000 units of electric rickshaws at the facility. "At Terra, we've been shaping the future of clean mobility with our e-rickshaws. Now, with the launch of our Electric Auto (L5), we're redefining transport on India's roads," Suzuki said. Terra Motors Founder & CEO Toru Tokushige said India represents the company's strongest commitment globally. "At Terra, we aim to lead the market through continuous innovation, with a clear goal -- to become No.1 in shaping the future of electric mobility," he added. Terra Motors also operates Terra Charge, a dedicated EV charging infrastructure division, in the country.
