Tata Power-DDL partners with Magna Yuma to set up EV battery swapping stations
Tata Power Delhi Distribution Limited has signed a memorandum of understanding with Magna Yuma Private Limited to establish battery swapping stations for electric vehicles in its licensed areas. Under the agreement, Tata Power-DDL will allocate space at its grid substations, while Magna Yuma will manage the design, procurement, installation, and maintenance of the stations. The initiative is focused on supporting commercial electric two-wheelers, particularly those used in delivery and gig economy operations. The partnership aims…