Terra Motors Turns to Crowdsourcing to Fund Its Electric 3-Wheeler (w/video)
DEC 1 2013 BY ERIC LOVEDAY
Japanese startup Terra Motors, now Japan’s leading seller or electric scooters, has turned to crowd-sourcing to try to fund its future electric three-wheeler.
Terra Motors was found in 2010. Since then, the corporation has built itself into a leader in electric scooters (though sales within Japan are still only a few hundred units per month).
Regardless, Japan’s leading electric scooter manufacturer is hoping to score $50,000 to begin work on a three-wheeled electric it refers to as Type 2.
The crowd-sourcing campaign can be found here.
The target markets for this 3-wheeler are the Philippines and India.
For more on Terra Motors, check out the details and video below:
Who is Terra Motors?
-No1 market share of the electric two＆three wheelers in Japan since 2011
-Our culture is ‘Silicon valley approach ‘ (Innovation, Speed decision-making, Financing, Risk-taking)× ‘Japanese approach ‘(Quality control, Development, After service, Technology)
-Our shareholder is prominent such as former Sony CEO, former Google Japan CEO, former Apple Japan CEO, Mizuho Bank (Japanese top bank) and so on.