Japanese electric vehicle OEM Terra Motors has appointed its first L5 class dealership as part of its aggressive nationwide expansion in India. MM Enterprises in Varanasi will now lead to sales and service for Terra’s L5 lineup in the region, featuring the flagship high-speed electric three-wheeler, cureo+, which is sewn for urban and semi-urban transport.
After the launch on 27 May, Terra Motors saw an increase in interest with more than 100 dealership inquiries in just two weeks-by increasing the strong market hunger for electric autos with high speed electric autos. With zero down payments and offer a range of 3.65 lakhs and 200 km, Curo+ aims to set a new benchmark in the section.
To meet the demand, Terra Motors are actively pushing forward-thinking dealers across India, with the upgrade of existing L3 dealers and focusing on entering L5 installed L5 markets. The company is targeting 100 dealership partners across the country.
“This is more than our first dealer appointment – this is a step for our aggressive expansion strategy,” said Terra Motors India Managing Director. “We are seeing a change of how clean mobility is detected in cities. With Kyoro+, we lead this change that offers a product that is high on performance and accessible through flexible finance options like zero down payment. The appointment in Varanasi reflects the power of the product-market fit and the Uttar pradesh is intended to grow rapidly.”
Tera Motors are encouraging them to infection in the growing L5 segment, facing regulatory restrictions in major city areas with several L3 (E-Rickshaw) dealers. The newly appointed dealers, MM Enterprises, were working with the leading OEMs with strong sales volumes in the L3 category, but identified capacity in L5 due to developing local traffic norms that limit CNG and e-rickshaws on the main roads. Recognizing this change, he was attracted to Terra’s L5 offer. Mukhtar Ansari, proprietor of MM Enterprises, shared, “We are excited to partner with Terra Motors and introduce a product that ticks every box – mileage, comfort, value and most importantly, financing for the final customers.”
Kyoro+ is engineered for efficiency and comfort with the price of 200 km, 5-year-old warranty, and on-road, which starts at ₹ 3.65 lakhs. Supported by Zero Down Payment Off of Terra Finance, this L5 becomes one of the most compelling options in the passenger vehicle category.
The announcement is just amplification of the aggressive dealer network expansion of Terra Motors for the L5 segment. We are inviting installed L3 dealers to upgrade with us and lead the L5 shift in your city. Be first in your area. The company aims to establish a strong footprint in major Indian cities by onboard dealers looking forward with EV OEM background.