Terra Motors partners with ECC Corporation to develop EVs in India

14 Jul 2021 CW Team

Terra Motors Corporation, a Japanese electric vehicle maker, has partnered with FCC Corporation to collaborate on developing futuristic electric vehicles for global markets while utilising Indian operations as the base for the activity.

Akihiro Ueda, Terra Motors India CEO, told the media that the company aims to increase new business value through co-creation with services and businesses, such as the advancement of vehicle technology, the improvement of convenience through innovative Internet of Things (IoT), and shared mobility.

Ueda said that the company's objective is to increase new business value through co-creation with services and businesses, such as shared mobility.

For Terra Motors, especially for emerging markets like India, where it has a stronghold in the three-wheeler (3Ws) EVs, R & R&D is the topmost priority.

The light-mobility market is experiencing rapid EV expansion, with the government aggressively executing measures to expand the use of EVs to address social issues such as air pollution and promote economic growth.

Yoshitaka Saito, FCC President, told the media that both companies could contribute by combining their individual strengths. He also said that the partners would look at developing an electric power unit suitable for the market to accelerate the commercialisation of light mobility options and respond to the future shift to EVs in the Asian region.

Terra Motors, headquartered in Tokyo, is the leader in electric two and three-wheelers in Japan. It also has a presence in several Southeast Asian countries like the Philippines and Vietnam.

Image Source

Also read: Goa to offer subsidies on 11,000 EVs for next 5 years

Also read: Tata Motors to roll out 10 battery electric vehicles by 2025

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..