Yuma Energy and e-Sprinto Partner on Swappable-Battery EVs for Indian Fleets

Yuma Energy and e-Sprinto have announced a strategic partnership to deploy swappable-battery electric two-wheelers at scale across Indian cities, targeting fleet operators and delivery services with a solution designed to overcome the primary obstacles to electric vehicle adoption.

The partnership addresses two critical challenges facing fleet electrification: the high upfront cost of electric vehicles and the inconvenience of charging infrastructure. Battery costs typically represent up to 40 percent of an electric vehicle's total price, creating a substantial barrier for businesses looking to transition their fleets.

Under the arrangement, Yuma Energy's Battery-as-a-Service model decouples batteries from vehicles, allowing fleet operators to pay only for the energy consumed rather than purchasing batteries outright. This approach converts capital expenditure into operating expenditure and reduces the initial investment required for fleet electrification.

Yuma Energy currently operates more than 2,000 battery-swapping stations across 400-plus locations in 17 cities throughout India, with continued expansion planned. The network enables riders to exchange depleted batteries for fully charged units in under two minutes, minimizing vehicle downtime and maintaining fleet productivity.

Deepak Nanwani, Head of Revenue and Operations at Yuma Energy, noted that the combination of e-Sprinto's vehicles with Yuma's swapping infrastructure removes both cost and convenience barriers for fleet operators.

e-Sprinto manufactures electric two-wheelers specifically engineered for Indian road conditions and commercial fleet requirements. The vehicles feature extended range capabilities, low maintenance requirements, and integrated IoT technology designed for delivery and gig economy operations.

Shalu Gupta, Co-Founder and Director of e-Sprinto, described the partnership as an important step in making electric mobility more accessible for large-scale fleet operations. The collaboration addresses cost concerns and charging downtime simultaneously, enabling faster fleet scaling while supporting India's transition toward sustainable transportation.

Yuma Energy, a joint venture between shared mobility provider Yulu and automotive technology supplier Magna, has facilitated over 40 million battery swaps since its establishment. The company is building what it describes as India's most extensive Battery-as-a-Service network.

e-Sprinto, founded in April 2022, has expanded to more than 18 states with 120-plus dealerships and service centers. The company reports that over 30,000 of its electric scooters are currently operating on Indian roads, primarily within fleet operations.

The partnership represents a growing trend in India's electric vehicle sector, where infrastructure providers and vehicle manufacturers are collaborating to create integrated solutions that address the practical challenges of commercial fleet electrification.