Terra Charge has opened a new Research and Development centre in New Town, Kolkata, to expand its range of chargers and explore advanced charging methods and energy management strategies.
The R&D centre is equipped with cutting-edge testing and prototype development tools and is supported by Japanese technology. It recently inked a Memorandum of Understanding with the Tamil Nadu government to enhance the state’s EV charging infrastructure, supporting its claim to be a centre of research and creative charging design. The goal of Terra Charge’s programme is to solve India’s EV charging infrastructure problems.
In order to assist handle EV charging-related challenges across India and meet the significant charging needs for new EV models and heavy-duty electric cars entering the Indian market, the firm also expanded into six key Indian cities: Pune, Hyderabad, Bengaluru, Chennai, and Gurugram.
CEO of Terra Charge, Akihiro Ueda, said, “Through our endeavor, Terra Charge will be well-positioned to support the Indian government in achieving the goal of boosting EV penetration in the country by 2030.”
By strengthening its R&D capabilities, the company aims to boost its existing range of chargers and develop advanced EV solutions to cater to the evolving needs of the industry, which is projected to grow into a $113.9 billion market by 2029. Through this strategic move, the company aims to strengthen its manufacturing prowess, enhance its chargers’ capabilities, and gain an edge over its competitors. The new establishment marks a significant milestone for the Japanese company, towards its committed goal.
To support India’s drive towards electrification of mobility solutions, Terra Charge also launched Terra Charge Blanket Solution, a comprehensive package tailored to the needs of logistics and last-mile delivery businesses.