Yuma Energy celebrated their first anniversary with a milestone of 10 million lifetime battery replacements.
The firm was founded in February 2023 with a goal to a sustainable future and presently employs over 500 individuals in five locations.
Yuma’s switching network handles 800,000 swaps per month, averaging 15 swaps per minute, increasing company throughput and consumer comfort. Yuma’s presence in Bengaluru, Mumbai, Navi Mumbai, Delhi-NCR, and Gurugram will enable over 250 million kilometres of green rides by 2023.
Muthu Subramanian, General Manager and Managing Director of Yuma Energy, speaking on the achievement said, “I am exceptionally proud that Yuma has established itself among leaders in the Indian BaaS industry, setting benchmark standards with 99% battery availability and a one-minute service time for our valued users. These achievements are a testament to the outstanding dedication of Yuma’s team, the strength of our technological infrastructure, and the invaluable collaboration with our business partners.”
Yuma plans to expand partnerships with OEMs and mobility operators in 2024, focusing on intelligent and data-driven expansion of swapping stations to broaden accessibility to high-tech charging and swapping solutions.
