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Magna increases bet on battery swapping in India with $35M for Yuma

TechCrunch
TechCrunch
by Jagmeet Singh
Sep 1, 2026 · 10:30 AM
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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.
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