Company Profile

Yuma Energy

Profile date: 2026-09-30

Yuma Energy: Corporate Overview and Service Portfolio

Executive Summary

Yuma Energy (operating online at https://yuma.energy/) is an energy technology and infrastructure enterprise founded as a joint venture between Canadian-American global automotive supplier Magna International and Indian shared micro-mobility leader Yulu Bikes. Headquartered in Bengaluru, India, the company operates as a Battery-as-a-Service (BaaS) and energy network provider, focusing on the decarbonization of urban transportation.

Yuma Energy deploys automated and assisted battery-swapping stations, intelligent lithium-ion battery packs, and an integrated IoT software stack to support commercial delivery fleets, shared mobility providers, and electric two-wheeler and three-wheeler original equipment manufacturers (OEMs). By replacing traditional stationary charging times with rapid battery swaps, the entity eliminates range anxiety and reduces operational downtime for commercial and retail electric vehicle operators.

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