Yulu Bikes Private Limited

Magna Inc. and Yulu have formed a new joint venture called Yuma in order to setup battery charging and swapping stations for electric two-wheelers in India. While Yulu is a player in the Indian market for electric micro-mobility, Magna Inc. is a Canadian provider of automobile parts. The JV company aims to install 500 stations in multiple locations by the end of 2023

Location:  NA
Estimated Value (Rs. Cr): NA
Sector: EV Charging Infrastructure
Project Stage: Under Implementation

*Image used if any in this post is for illustration only

 


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