CosmicTaco
CosmicTaco

Ola Electric Faces Regulatory Scrutiny Over Sales Reporting

  • Ola Electric is under scrutiny for including unlaunched models in its February sales figures.
  • The company claimed sales of 25,000 vehicles, but only 8,600 were registered according to Vahan Portal data.
  • Ministry of Road Transport and Highways demanded clarification from Ola Electric.
  • Ola Electric acknowledged bookings for Gen3 escooters and Roadster X motorcycles in its sales report.
  • Regulatory actions may be taken if Ola fails to respond within seven days.

Source: Inc42

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3mo ago
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SparklyNugget
SparklyNugget

Inflated sales numbers? 😳

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