Yuma Energy has achieved a huge milestone in its quest to drive clean and unimpeded mobility. Having completed battery swaps on more than 35 million batteries and an ever-growing network of over 2000 battery swapping stations across 400 locations in 17 cities, Yuma Energy is now the fastest-growing Battery-as-a-Service (BaaS) service provider in India.
The company has increased its footprint 20x since its introduction in February 2023 with only 85 stations. This growth is indicative of the growing need for electric mobility solutions in India’s urban centers, especially in two-wheelers, three-wheelers, and last-mile logistics. The scalable design and user-centered architecture of Yuma are enabling the elimination of the major obstacles to EV adoption: the affordability of their purchase, charging downtimes, and range anxiety.
Speaking on the milestone, Muthu Subramanian, GM & MD at Yuma Energy, said, “Our growth reflects not only the trust of thousands of EV users and fleet partners but also the pace at which India is embracing battery swapping as the most practical, efficient, and scalable energy solution for urban mobility. By removing barriers such as high upfront costs, charging downtime, and range anxiety, Yuma Energy is enabling faster EV adoption and creating a future-ready energy ecosystem.”
Scaling the EV Adoption in India
The EV environment in India is developing quickly, as last-mile delivery, ride-hailing, and urban transportation demand grow. This is because battery swapping has existed as a game-changer by facilitating swaps within minutes, predictable prices, and consistent energy infrastructure. Yuma Energy, through its BaaS solution, allows drivers and fleet operators to have access to affordable, scalable, and reliable solutions based on EV ownership as never before.
Future Outlook
Through its strong network, Yuma Energy is intending to continue expanding on the existing cities as well as venturing into new markets. The company still strives to develop the largest battery switching network in India, as the idea is consistent with the Indian national policy of sustainable mobility and decreasingcarbon emissions.
