Yuma Energy operates a battery-swapping ecosystem for electric two- and three-wheelers, combining IoT-enabled smart batteries, modular charging units, and an AI-optimized network of swapping stations. The company’s full-stack platform, including a token-based reservation app and 24/7 cloud monitoring, enables swaps in under a minute across 17 Indian cities, reducing range anxiety and supporting EV adoption.
Funding
$35M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Electric two- and three-wheeler adoption is hindered by long charging times, limited charging infrastructure, and range anxiety, particularly in dense urban areas. Riders and fleet operators need a faster, more reliable way to keep vehicles powered without disrupting their daily operations.
Solution
Yuma Energy provides a comprehensive battery-swapping ecosystem that replaces traditional charging with instant battery exchanges. The system integrates IoT-enabled smart batteries, modular charging units, and a dense network of swapping stations located every 2-3 km in key Indian cities. An AI-driven technology stack optimizes battery availability and station operations, while a mobile app allows users to reserve batteries in advance and monitor usage. This full-stack approach—spanning hardware, software, and operational performance—ensures swaps are completed in under a minute, keeping riders on the move and minimizing downtime.
Target Audience
Primary customers are electric two- and three-wheeler manufacturers (OEMs) seeking to enhance their vehicles' energy solutions, as well as individual riders and fleet operators in Indian cities who need reliable, fast battery swapping services.
Features
- IoT-enabled smart batteries with durable aluminum bodies, real-time tracking, and cloud-based monitoring for safety and performance
- Modular charging units that support both DIY and assisted operation modes, adaptable to various space constraints
- Dense swapping network with stations every 2-3 km, achieving 99% uptime and over 50,000 daily swaps
- AI and machine learning algorithms that optimize charging schedules and battery distribution across the network
- Token-based battery reservation system via the Yuma app, allowing users to secure a charged battery before arriving at a station
- AIS156-certified safety standards with 24/7 smart monitoring and 100+ station safety audits