Tokyo – Terra Motors Corporation, Japan’s leading innovator of electric two and three-wheelers, started sales of “A4000i” and following new products in Tehran, Iran with Jahanro Industrial Co, exclusively for next five years.
Toru Tokushige, CEO of Terra Motors said, “Jahanro Industrial Co. started from just a small motorcycle shop. But now it successfully became a distributor of Kawasaki, Bajaj, and TVS, with 1,000 employees and 200 dealers in Iran. We believe that this partnership will lead to great expansion of the electric motorcycle market in Iran.”
The demands for electric motorcycles are increasing against government regulation of Tehran.
“Tehran makes it into the 10 Most Air-Polluted Cities in the World.”, said Alireza R Bana, CEO of Jahanro Industrial Co. “For the strategic plan to reduce air pollution, Deputy- Director of Transport & Traffic intends to ban all types of fuel-burning motorcycles from entering restricted areas of Tehran. And only electric motorcycles will be licensed to enter that area.”
In addition, the situations below push the spreads of electric motorcycles in Iran:
Cuts in tariffs on electric motorcycles
Against the background of environmental problems, the electric motorcycle that doesn’t discharge any exhaust gas receives preferential treatment concerning customs duty. It is 59% to Gas motorcycle, and 4% to the electric motorcycle. The purchase of electric motorcycles receives a big benefit from customs duty.
Reduction of Subsidies from 2010
In Iran, the government has decided to reduce gasoline subsidies since 2010. Petrol prices in Iran have leapt by up to 75 %, after state subsidies were cut. Although fuel costs in Iran is still among the cheapest in the world, but the price hikes will be unwelcome for a quarter of the adult population who is jobless or under-employed. Electric motorcycle will be the solution for the users of motorcycles.
Solutions to air pollution
About 800,000-sets of Gas motorcycles are sold each year in Iran, and the 90% of them are Chinese-made motorcycles that emit carbon dioxide with high concentration. We can reduce this problem by spreading electric motorcycles.
Generally speaking, the demands for electric motorcycles seem to be small in oil- producing countries. But in fact, there are large demands for electric motorcycles in Middle Eastern countries, because of the environmental and economic conditions.
Terra Motors will continue to expand business all over the world to achieve our vision “Leading innovations with Electric Vehicles in creating clean & sustainable society”.