Ola Electric Addresses Registration Backlog Concerns

• Ola Electric has committed to resolving the registration backlog efficiently and maintaining transparency with customers and regulators.
• The company clarified that false narratives about its February 2025 sales data are being spread, asserting that its sales remain strong.
• Ola Electric is responding to inquiries from the Ministry of Heavy Industries and the Ministry of Road Transport and Highways of India regarding discrepancies in vehicle registration data.
• The company reported that 40% of the February backlog has been cleared, with full resolution expected by the end of March 2025.
• Ola Electric emphasized that the backlog is a temporary issue, misrepresented by certain media outlets as a regulatory problem.

Source: Moneycontrol, Business News India, The Economic Times