Government Intensifies Scrutiny on Ola Electric Following CCPA Notice

• The Central Consumer Protection Authority (CCPA) has issued a show cause notice to Ola Electric.
• The notice pertains to alleged violation of consumer rights, misleading advertisement and unfair trade practices.
• Ola Electric has b...

CCPA is investigating OlaElectric for service deficiencies, unfair trade practices and consumer rights violations and has accused the company for “deficiency in service” and “issues with refunds”, after receiving thousands of complaint...

• Ola Electric's shares dropped by nearly 9% following a public spat on X (formerly Twitter) between CEO Bhavish Aggarwal and comedian Kunal Kamra.
• The company has been facing multiple issues including battery failures, software issue...

• Ola Electric's electric scooters have a 75% failure rate due to design defects in the Human-Machine Interface (HMI).
• Despite being aware of the issue, the company chose to focus on the 25% that worked, ignoring the potential risks to...