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Yuma Energy Acquires Grinntech to Strengthen Battery-as-a-Service Ecosystem
Feb 21, 2025
Yuma Energy has acquired Chennai-based Grinntech Motors & Services Pvt. Ltd., a leader in advanced energy storage solutions, to expand its Battery-as-a-Service (BaaS) ecosystem.
Strategic Impact:
- Integrated BaaS Ecosystem: Combining battery design, manufacturing, charging infrastructure, swapping networks, and digital services.
- Enhanced R&D & Manufacturing: Strengthening capabilities in battery management systems, safety, and reliability.
- Showcased New Battery at Bharat Mobility Global Expo 2025: Developed in partnership with Grinntech.
This acquisition positions Yuma Energy for strong market expansion in the battery technology and energy storage sector.