Yuma Energy to Triple Revenue with Expanded Battery-Swapping Network
Yuma Energy has more than doubled its business to 50,000 swaps per day over a year, and plans to increase it to 1.5 lakh/day by the end of the year.
22 Mar 2025
4909 Views
Share -
As India accelerates its shift to electric mobility, inadequate charging infrastructure remains a key obstacle. This is where battery swapping–a faster and efficient alternative to charging–has emerged as a game-changer. With wider adoption of swapping solutions among delivery operators, the competition in the sector has intensified.
Meanwhile, Yuma Energy–a joint venture between North America based Magna International and shared mobility startup Yulu–has established itself as a key player over the last two years. In 2025, it plans to build on this momentum by scaling its network, enhancing operational efficiency, and forging key partnerships to drive three times growth in ...
RELATED ARTICLES
Can OEMs' Aftermarket Strategy Hurt Small and Independent Outlets and Chains?
Shahkar Abidi
12 Mar 2026
OEMs tighten their grip on vehicle lifecycles as independents fight for data, diagnostics and survival.
Why Women-led Factory Floors Make Business Sense
Anurag Chaturvedi
12 Mar 2026
As the industry shifts from muscle to precision, all-women factory floors are emerging not just as a statement of intent...
Inside Three-Pointed Star's Global EV Rethink and Why the CLA Matters More Than It Seems
Ketan Thakkar
06 Mar 2026
After years of building EVs under a separate identity, Mercedes-Benz is folding electric models back into its core brand...
