Shares of Ola Electric Mobility dropped 5% to Rs 53.78 on Monday after a report revealed the company faced raids and seizures ...
The company is also facing a slew of service complaints, with the Central Consumer Protection Authority (CCPA) launching an ...
Ola Electric has expanded to 4,000 physical locations. However, a Bloomberg investigation found that, out of 3,400 showrooms ...
India's Motor Vehicles Act requires that all auto showrooms, including those selling two-wheelers, prominently display a ...
Ola Electric’s showroom expansion is facing regulatory issues, with over 95% lacking necessary trade certificates. Transport ...
Since the beginning of 2025, Ola Electric’s stock has declined by 36 per cent and currently trades over 60 per cent below its ...
That means more than 95% of the stores on which Bloomberg News saw the data, lacked basic certification needed to display, sell, offer test rides on or transport unregistered two-wheelers.
Ola Electric faces regulatory scrutiny, showroom shutdowns, and declining sales even as Bajaj Auto and TVS dominate India’s ...
Ola Electric Mobility’s rapid rollout of 4,000 brick-and-mortar showrooms is now under fire, with a Bloomberg News ...
Ola Electric stores across India were raided over trade violations. Some stores are shut pending investigation even as Ola ...
India's Motor Vehicles Act mandates that every auto showroom should have a trade certificate conspicuously displayed if it keeps unregistered vehicles.
Authorities found that 95% of Ola Electric dealerships lacked the required trade certificates, raising serious regulatory concerns.