Magna increases bet on battery swapping in India with $35M for Yuma
2 sources·Updated September 1, 2026

Covered by 2 sources
- Inc42 India·3d agoYuma Energy Bags $35 Mn To Expand Its Battery Swapping Network
Battery swapping platform Yuma Energy has raised $35 Mn (₹333 Cr) in its Series A funding round from existing backer…
Read at Inc42 India → - TechCrunch·3d agoMagna increases bet on battery swapping in India with $35M for Yuma
Magna's investment in Yuma Energy has reached $87 million as the Canadian auto supplier increases its majority stake in the Indian battery-swapping firm.
Read at TechCrunch →