Last deal

Amount

Venture - Series Unknown

Stage

15.11.2023

Date

6

all rounds

$50.2M

Total amount

General

About Company
Terra Motors is an electric car manufacturing company that develops IoT-connected EV mobility solutions.

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Also Known As

テラモーターズ

founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company's flagship product, SEED48, is an electronic motorcycle with a top speed of 40km/h and a range of 40km per charge. Terra Motors sells its products through various retail channels, including electronic retail stores, do-it-yourself stores, bicycle stores, car stores, and gas stations. The company has a dominant share of the electronic motorcycles market and has focused primarily on the Southeast Asian market since 2011. Terra Motors' mission is to create a sustainable world through innovation, and they achieve this by designing and manufacturing electric two and three wheelers with their experienced Japanese engineers. Their core technology is the power train system, including battery, charger, motor, and controller, and they have production plants in India, Bangladesh, Vietnam, and Japan.
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