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Yuma Energy raises $35 million from Magna to expand battery swapping network
Battery swapping network Yuma Energy has raised $35 million in Series A funding from Magna International, as the company looks to expand its battery swapping infrastructure across India and work towards achieving EBITDA-positive operations by FY27.
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techcrunch.com
Magna increases bet on battery swapping in India with $35M for Yuma | TechCrunch
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.
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thehindubusinessline.com
Yuma Energy raises $35 million from Magna to expand battery swapping network
Battery swapping network Yuma Energy has raised $35 million in Series A funding from Magna International, as the company looks to expand its battery swapping infrastructure across…
