Magna International is committing $35 million to bolster battery swapping technology in India through its partnership with Yuma Energy. The investment aims to accelerate the adoption of electric vehicles by addressing one of the key challenges—rapid battery replacement. This move aligns with India’s push toward sustainable transportation, offering a practical solution for fleets and consumers alike. The collaboration could reshape the EV infrastructure landscape in a market rapidly embracing cleaner mobility.
Magna International invests $35 million in Yuma Energy to expand battery swapping in India Межа. Новини України.
