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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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Yuma Energy to install 22 battery swapping stations acros...
2026-05-13 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
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The stations will serve electric two-wheeler users, including gig workers, delivery riders, and daily commuters

File picture: Electric two-wheeler

File picture: Electric two-wheeler | Photo Credit: SOMASHEKARA GRN

Battery-as-a-service firm Yuma Energy has struck a deal with Mumbai Metro Rail Corporation (MMRC) to install 22 battery swapping stations across nine stations on Metro Line 3, the companies announced on Wednesday.

The stations will serve electric two-wheeler users — including gig workers, delivery riders, and daily commuters — who can swap depleted batteries for charged ones without waiting for a recharge. Yuma currently operates over 13,000 vehicles in Mumbai and handles more than 20,000 battery swaps a day across its existing network.

The tie-up is structured under MMRC’s Non-Fare Box Revenue (NFBR) initiative, which allows the corporation to monetise station infrastructure beyond ticket sales. By embedding swapping stations within metro premises, MMRC is positioning the facilities as feeder services that link electric two-wheeler mobility with public rail transit.

Muthu Subramanian, GM and MD of Yuma Energy, said Metro Line 3’s high passenger footfall made it a strategic location to deepen network density and bring energy infrastructure closer to where riders need it. R. Ramana, MMRC’s Director of Planning and Real Estate Development, said the partnership supports the corporation’s broader push toward cleaner urban commuting options.

The expansion comes as Indian cities intensify efforts to build out EV charging and swapping infrastructure to support two-wheeler electrification, particularly among gig economy workers, who rely on continuous uptime. Battery swapping — which sidesteps long charging times by exchanging a depleted pack for a fully charged one in minutes — has gained traction in this segment.

Yuma did not disclose the financial terms of the MMRC partnership or a timeline for when all 22 stations would be operational.

Published on May 13, 2026

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