Yuma Energy Partners with HPCL to Expand Battery Swapping Network Across India

Yuma Energy has announced a partnership with Hindustan Petroleum Corporation Limited (HPCL) to expand battery swapping infrastructure across India, aiming to strengthen support for electric vehicle adoption in the country.

Under the agreement, Yuma Energy will deploy battery swapping stations at HPCL’s network of more than 24,000 retail outlets nationwide. The rollout will prioritize high-demand locations across metropolitan areas and tier-2 cities, with a focus on serving riders, delivery fleets, and commercial operators.

The initiative is expected to address one of the critical barriers to electric vehicle growth in India, particularly in the two- and three-wheeler categories that dominate urban mobility. Yuma Energy will introduce AI-enabled battery swapping systems designed to respond to real-time demand and user requirements.

According to the company, the demand-responsive model will cater to diverse user groups, including e-rickshaw operators, gig-economy delivery workers, and daily commuters. By leveraging HPCL’s retail presence, Yuma Energy seeks to improve accessibility to charged battery supplies.

Yuma Energy is a joint venture between shared mobility company Yulu and automotive technology supplier Magna. It currently operates more than 2,000 battery swapping stations across 17 cities and reports completing over 35 million battery swaps.

HPCL, a Maharatna company, manages one of the largest petroleum marketing networks in India. The corporation has been diversifying its retail operations to include alternative energy and service solutions through initiatives such as Club HP First outlets and Apna Ghar facilities.