TL;DR
Yulu and Magna expanded their partnership to significantly scale up swappable battery infrastructure for electric two-wheelers across Indian cities.
Yulu, a prominent Indian electric shared mobility platform, has announced an expanded partnership with Magna, a global mobility technology company, to significantly scale up its swappable battery infrastructure. This collaboration aims to deploy thousands of new battery swapping stations across multiple Indian cities, making it easier and more convenient for electric two-wheeler users to access charged batteries. The initiative is crucial for addressing range anxiety and improving the adoption rates of EVs in last-mile connectivity and personal mobility segments. Magna's expertise in automotive technology combined with Yulu's extensive network is expected to create a robust and seamless battery swapping ecosystem, setting a new benchmark for sustainable urban transportation. The expanded network will support not only Yulu's own fleet but potentially other compatible EV models as well.