Yuma Energy Expands to Noida with Battery Swapping Stations

Key Highlights:

• Yuma Energy launches battery swapping stations in Noida for electric 2- and 3-wheelers.
• Expansion planned to cities like Lucknow, Kanpur, and Ghaziabad.
• MoU signed with Invest UP, committing ₹200 crore investment.
• Initiative to create 500 jobs and support 100,000 livelihoods.
• Yuma’s Battery-as-a-Service system offers one-minute battery swaps, enhancing safety and vehicle lifespan.

Yuma Energy has launched its operations in Noida, Uttar Pradesh, with plans to develop a comprehensive network of battery swapping stations for electric 2- and three-wheelers over the next three years. 

Investment and Partnership with Invest UP

The company has committed to investing ₹200 crore in Uttar Pradesh through a Memorandum of Understanding (MoU) with Invest UP. This collaboration is set to generate 500 direct jobs and benefit up to 100,000 people indirectly. The initiative aims to support the growing demand for quick battery swaps in cities across the state.

Expanding to Key Cities in Uttar Pradesh

Beyond Noida, Yuma Energy plans to expand to major cities like Lucknow, Kanpur, Ghaziabad, and Varanasi. The expansion aligns with Yuma’s goal of establishing robust EV infrastructure across the state.

Efficient Battery Swapping Solutions

Currently, Yuma performs 1.5 million battery swaps each month nationwide. The company’s Battery-as-a-Service (BaaS) system allows quick battery swaps in about a minute, offering users an efficient alternative to conventional charging.

Uttar Pradesh as a Leader in E-Mobility

Muthu Subramanian, Yuma Energy's General Manager, highlighted Uttar Pradesh’s leadership in e-mobility, especially in the 3-wheeler sector, attributing it to supportive policies. 

Prathamesh Kumar, Additional Chief Executive Officer of Invest UP, expressed support, emphasizing the role of Invest UP in helping companies navigate regulatory processes.

Focus on Noida’s Energy Demand

Subramanian also noted that Noida’s fast-growing EV adoption calls for accessible energy solutions. Yuma’s BaaS network incorporates smart batteries and advanced connectivity for safety and reliability, aiming to keep EV users on the move.

Also Read: Lohia Auto Launches Special Diwali Offer for 3-Wheeler Buyers

CMV360 Says

Yuma Energy’s entry into Uttar Pradesh shows strong promise for supporting the state’s e-mobility drive. By making battery swaps fast and accessible, the company will likely ease EV adoption for many users, adding value to the regional EV infrastructure and creating more job opportunities.