BENGALURU, India, July 31, 2023 – Energy-as-a-service company Yuma Energy (Yuma)- a joint venture between Magna and Yulu, today announced the appointment of Muthu Subramanian as, General Manager & Managing Director. In his new role, Subramanian is responsible for overseeing the strategic direction and overall operations of Yuma, which operates one of India’s largest networks of battery charging and swapping stations for electric two-wheelers. He will play a vital role in driving innovation, enhancing customer relationships, and ensuring the continued success of the company in a highly competitive market.
Subramanian brings with him a wealth of experience and expertise in the automotive industry, having spent 17 successful years with Magna, a global mobility technology company and one of the largest suppliers in the automotive space. During his tenure at Magna, he held various key leadership roles, driving innovation and growth across different product areas including developing and launching Magna’s first fully autonomous last-mile delivery robot.
Matteo Del Sorbo, Magna’s Executive Vice President and Global Lead for New Mobility said, “Muthu’s proven track record in delivering results, strategic thinking and technical expertise make him an ideal candidate for this important position. We are confident that under his leadership, Yuma Energy will continue to thrive and further strengthen its position at a time when cutting-edge advancements in energy storage are shaping the mobility ecosystem in the country.
Muthu Subramanian said, “Combating air pollution and decongesting our cities requires cost-effective mobility solutions. Battery swapping is one such area. I am thrilled at this opportunity to work with the incredible team at Yuma and our partners to build affordable and sustainable solutions that make a meaningful impact on India’s urban mobility landscape.”
Subramanian holds a Master’s degree in Mechanical Engineering from Wayne State University in Detroit, Michigan. He has two issued and six provisional patents in automotive product and process design to his credit.
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