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10M Swaps and counting: Yuma ends First Year on an Electrifying note

Yuma Energy, the technology-powered battery-as-a-service (BaaS) company founded as a joint venture between Magna and Yulu, today announced the completion of 10 million lifetime battery swaps. This momentous landmark milestone coincides with the first anniversary of the Bengaluru-headquartered company, which commenced operations in February last year. Yuma’s rapid growth makes it one of India’s largest and fastest-growing BaaS networks. With 125-plus Yuma stations clocking 800,0...