Ai Tech
Magna increases bet on battery swapping in India with $35M for Yuma
TechCrunch·September 1, 2026·1 min read
Magna increased its investment in Yuma, an Indian battery-swapping firm, by $35 million, bringing its total stake to $87 million. The Canadian auto supplier continues to boost its majority position in the company, focusing on expanding battery-swapping infrastructure in India.
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