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September 2, 2026 11:18 pm
Magna increases bet on battery swapping in India with $35M for Yuma

Magna’s investment in Yuma Energy has reached $87 million as the Canadian auto supplier increases its majority stake in the Indian battery-swapping firm.

Magna’s investment in Yuma Energy has reached $87 million as the Canadian auto supplier increases its majority stake in the Indian battery-swapping firm.

Source: TechCrunch

🔑 Key Takeaways

  • Wire dispatch directly ingested from TechCrunch.
  • Published at Tue, 01 Sep 2026 05:00.
  • Source URL: https://techcrunch.com/2026/08/31/magna-increases-bet-on-battery-swapping-in-india-with-35m-for-yuma/