Electric Vehicle Charging Infrastructure Development company Terra Charge has opened a new Research and Development center in New Town, Kolkata, to expand its range of chargers and explore advanced charging methods and energy management strategies. 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 to meet the high charging capacity demand and gain an edge over its competitors. The new establishment marks a significant milestone for the Japanese company, underscoring its commitment to advance its technological capabilities and support the community by creating job opportunities.
The R&D center in Terra Charge’s headquarters city is backed by Japanese technology and features advanced testing and prototype development equipment. It will serve as a hub of research and innovative charging design for the company that recently signed an MoU with the Tamil Nadu government to strengthen the state’s EV charging infrastructure. The establishment will enable the EV infrastructure developer to enhance its range of EV chargers and EV infrastructure services. Through this initiative, Terra Charge aims to address the challenges of EV charging infrastructure in India and cater to the high charging demands for new EV models and heavy-duty electric vehicles entering the Indian market.
CEO of Terra Charge, Mr. Akihiro Ueda, expressed his views on the new expansion, stating, “I am confident that Terra Charge’s new R&D center will not only allow us to enhance our product offering and give us an edge over our contemporaries but will further empower us to make significant contributions to the EV ecosystem and the community. I believe that 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.” 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. The company also expanded into six major Indian cities – Pune, Hyderabad, Bangalore, Chennai, Kolkata, and Gurgaon to help address EV charging-related issues across India.