About Terra Motors Ltd.
| Company | Terra Motors Corporation |
|---|---|
| Established | April 2010 |
| Representative | Masanori Takahashi (President and Representative Director) |
| Capital | 1.8 billion yen (including capital reserve) |
| Company address | Oak Takanawa 5F, 2-17-11 Takanawa, Minato-ku, Tokyo 108-0074 |
| Contact | info@terramotors.co.jp |
| Overseas offices | India |
| Business description | e-Mobility business, Financial Services Business, Connected E-mobility Business |
| Number of employees | Consolidated 300 |
History of Awards
| 2010 | Entrepreneur Excellence Award, Business Ideas Seeds Market, 65th Kawasaki Entrepreneur Audition |
|---|---|
| 2010 | eco japan cup 2010, business category, award for bravery |
| 2011 | Entrepreneur of the Year Japan 2011 Japan Representative Candidate |
| 2011 | Honso Village Business Contest EGG JAPAN Innovation Cruiser Global Award for Best Company |
| 2012 | Japan - U.S. Innovation in Business & Technology Awards 2012 Finalist |
| 2012 | JAPAN Venture Award 2012 Small and Medium Enterprise Agency Director-General's Award |
| 2012 | Yokohama Business Grand Prix 2012 |
| 2013 | 2012 Red Herring Top 100 Asia |
| 2013 | 2012 Independents Club Awards First Prize |
| 2013 | Carbon Cup 2013 Best Social Innovation Award Selected |
| 2018 | Selected as J-stat up company, Ministry of Economy, Trade and Industry |
Company Milestones
| 2010 | Establishment |
|---|---|
| 2012 | Achieves No.1 share of the electric motorcycle market in Japan (at the time). |
| 2013 | Launched the A4000i, the world's first smartphone synchronisation model. |
| 2014 | India subsidiary established and Nepal operations launched |
| 2017 | Annual EV sales exceed 30,000 units |
| 2018 | Local dealerships in India exceed 250 |
| 2021 | Financial services business launched in India |
| 2024 | Lithium battery model EV tricycle sales commence |
Founder
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Founder, Terra Motors Corp
Toru Tokushige
Born in 1970 in Yamaguchi,Japan, graduated from Kyushu University with a degree in Engineering.Started his career at Sumitomo Marine & Fire Insurance Co., Ltd., where he was involved in product planning and corporate management.
After leaving the company, Gained MBA from the Thunderbird School of Global Management in the U.S., moved to Silicon Valley to invest in and provide hands-on support to core technology ventures.
In 2010, he founded Terra Motors Corp. in EV sectors that quickly became the market leader in the electric three-wheeler sector in India. In 2016, to make a new economic space in the sky with innovative technology, he established Terra Drone Corp., which was listed on the Tokyo Stock Exchange Growth Market in 2024.
In 2022, he launched Terra Charge, an EV charging infrastructure business in Japan. He continues to take on the challenge of building new infrastructure and creating businesses that can succeed on the world stage.
Executive Team
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President and Representative Director, Terra Motors Corp
Masanori Takahashi
Graduated from the Faculty of Engineering at Shibaura Institute of Technology. While at university, he became obsessed with the sky and was in charge of designing the electrical systems of human-powered aeroplanes. Joined Honda Motor Co. He was assigned to the front line of production, where he learnt about Japanese monozukuri first-hand. In 2014, he joined Terra Motors, where he was responsible for the development of batteries and chargers for electric tricycles, starting with on-site research. In India, he was in charge of managing the company's own electric tricycles and factory start-up, development, quality assurance, production and after-sales service. In 2018, he was appointed CTO (Chief Technology Officer), and in October 2019, he was appointed to the board of directors at the company's headquarters.
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Director and COO, Terra Motors Corp
Akihiro Ueda
Graduated from Momoyama Gakuin University (St. Andrew's University). Joined Sharp Corporation in 2008. After three years at the head office, shifted to the Middle East and Africa sales division. Contributed to expanding the consumer electronics business through assignments in Egypt, Saudi Arabia, and Dubai.Joined Terra Motors in March 2015, taking charge of sales and marketing in Bangladesh. Built a nationwide dealer network of 30 stores within six months, and achieved 1 billion yen in sales and profitability in the very first year. After serving as Head of Operations for four Asian countries (Vietnam, India, Bangladesh, and Nepal), appointed as Director of the Company in October 2019.
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External Director, Terra Motors Corp
Ichiro Ishii
Graduated from the University of Tokyo's Faculty of Engineering and joined Tokio Marine & Fire Insurance in 1978, and began his involvement in overseas insurance business in 1985 when he joined TMM in the US. In 2008, he was appointed General Manager of Tokio Marine Holdings' International Business Planning Department and established a new organisation to strengthen the IT and HR functions of the international insurance business. ); appointed Vice President of Tokio Marine Holdings in 2017; left the Tokio Marine Group in 2020 to become an advisor to Deloitte Tohmatsu LLC.
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Standing Auditor, Terra Motors Corp
Yukio Yoda
Graduated from Kyoto University, Faculty of Law, and joined the Ministry of International Trade and Industry (MITI) in 1973. After being seconded to the New Energy and Industrial Technology Development Organisation (NEDO), he worked as Counsellor for Commerce and Economic Affairs at the Embassy of Canada before becoming Director General of JETRO San Francisco in 1979. In 2002 he joined Kyocera Corporation, where he was in charge of venture company investment, M&A, etc. He analysed business plans, income and expenditure forecasts, etc. for new projects, evaluated top management's ability to handle business, etc. for investment decisions, and participated in the establishment of the Group's corporate governance and compliance organisation and systems to comply with the SOX Act. Established Task Yoda in 2007. In 2011, he became an advisor and executive officer of SOLE Co.
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Outside Corporate Auditor, Terra Motors Corp
Akiko Takiguchi
Attorney-at-Law
Graduated from the Faculty of Letters, Keio University, and completed the Law School program at Keio University. Registered as an attorney in 2010 (Daini Tokyo Bar Association). Joined Nishimura & Asahi (currently Nishimura & Asahi) in 2011, where extensively engaged in a wide range of general corporate matters, as well as domestic and international M&A transactions, including corporate acquisitions, alliances, and intra-group reorganizations. After earning an LL.M. from New York University School of Law in 2018, worked at Pillsbury Winthrop Shaw Pittman LLP (New York) and the New York office of Nishimura & Asahi. Also possesses experience supporting corporate activities from an in-house perspective within the legal department of a Japanese company. Appointed as Outside Corporate Auditor of the Company in June 2026. -
Outside Corporate Auditor, Terra Motors Corp
Shin Satake
Certified Public Accountant (CPA), Certified Public Tax Accountant
Graduated from the School of Business Administration at Kwansei Gakuin University, and earned an MBA from the Thunderbird School of Global Management. At Asahi & Co. (currently KPMG), participated in accounting audits for dozens of listed companies, as well as Initial Public Offering (IPO) preparation projects. Subsequently, at Okuda CPA Office, engaged in a wide range of consulting services for small and medium-sized enterprises (SMEs), including tax strategy formulation, business succession planning, and IPO support. Appointed as Outside Corporate Auditor of the Company in June 2026.
Shareholder
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(Former) First President of Compaq
Masaru Murai

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KSK Angel Fund Founder(CEO)
Keisuke Honda

