Yuma Energy (Yuma) has launched its new generation battery charging and swapping network two wheeler in India. Yuma installed more than 85 Yuma electric to wheelers charging stations across Bangalore, Mumbai and Delhi.
Two EV startup mobility companies Yulu and Magna jointly launched Yuma Energy. The company claims that they will set up over 500 stations across different cities by the end of 2023. All the stations are located in highly dense and demanding areas. These stations come with best in class artificial technology (AI) powered charging units that are more connected, efficient, reliable and safe, according to a statement from Yuma.
The statement said Yuma network will not only support the growing electric two wheelers fleet of Yulu but will also be available to other original equipment manufacturers (OEMS) and mobility operators to enable reliable, convenient and efficient access to battery swapping to their customers.
“We are very excited to see Yuma Energy is now contributing to a sustainable future in urban mobility”, said Matteo Del Sorbo, Executive Vice President and Global Lead and Global Lead for new mobility, Magna. “The launch of Yuma’s BaaS in India is offering an opportunity for Magna to leverage our core competencies in engineering and manufacturing to capitalize on the rapid growth in the micro mobility market globally.”
Yalu, CEO and co-founder Amit Gupta said,”This moment is very special because Yuma Energy has recently started its journey with the launch of its battery-as-a- service network.”
Yuma Energy’s headquarter is located in Bengaluru and more than 250 employees are working in Delhi, Mumbai and Bengaluru. Its AI power based technology makes it unique.
