The company will offer ‘battery-as-a-service’ or, in other words, a swappable battery ecosystem for electric two-wheelers.
"Yuma Energy’s battery as a service (BaaS) network will cater to Yulu’s rental micro-mobility bikes as well as other electric two-wheeler companies that rely on a battery-swapping model for their mobility plans."
The battery as a service sector is showing some serious growth in the last few months, with investments and strategic partnerships galore!