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?

-2010 founded

-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.

Categories: General

Tags:

Leave a Reply

Be the First to Comment!