Terra Motors & FCC Corporation partners to develop futuristic EVs
Terra Motors Corporation a Japanese electric vehicle maker has partnered with a Japan-based FCC Corporation to develop futuristic electric vehicles for global markets.
The collaboration between the two companies will develop futuristic electric vehicles using the Indian operations as the base for the activity. It focuses on establishing the foundation for a sustainable mobility industry globally. FCC President Yoshitaka Saito said both companies can contribute by combining their individual strengths.
Terra Motors India CEO Akihiro Ueda said in a statement that “In building a business foundation in Asia, we will provide two customer values: EV bodies that are more economical than gasoline vehicles and brand value that evokes a new lifestyle.
“To this end, we aim to increase new business value through co-creation with services and businesses, such as the advancement of vehicle technology, the improvement of convenience through innovative Internet of Things (IoT), and shared mobility,”
The tie-up will focus on the development of an electric power unit that is suitable for the market to increase the commercialisation of light mobility options.
Terra Motors & FCC Corporation
Terra Motors has a stronghold in the electric three-wheeler in India and Research and Development is its topmost priority for the emerging markets. It focuses on building an ecosystem for e-mobility in India and globally. It is the electric two and three-wheelers leader in Japan. It is also available in various Southeast Asian countries like Vietnam and the Philippines.
The FCC is a global market leader in motorcycle clutches which has 22 production facilities spread across various countries.
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