Ola Electric under scrutiny over regulatory violations: Store raids, vehicles seized, showrooms shut. Details here
1 week, 4 days ago

Ola Electric under scrutiny over regulatory violations: Store raids, vehicles seized, showrooms shut. Details here

Live Mint  

Ola Electric Mobility Ltd.’s rapid expansion into brick-and-mortar showrooms is running into regulatory trouble. In response to customer complaints, transport authorities across Indian states have conducted raids, closed showrooms, seized vehicles and sent show-cause notices querying the Bhavish Aggarwal-led firm, according to internal documents and government warning letters seen by Bloomberg News. At least six local transport officials in interviews with Bloomberg News said they were probing Ola for alleged violations, reflecting the dark underbelly of Ola’s aggressive expansion. Ola sporadically applied and obtained trade certificates in some locations in response to transport department’s notices or raids, according to documents seen by Bloomberg News. Ola told transport authorities since at least late 2023 that its experience centers are merely for “customer engagement” and not direct sales, according to documents seen by Bloomberg News, but regulatory probes have continued across states.

History of this topic

Ola Electric under scrutiny over mismatching sales and registration data: Report
1 day, 4 hours ago
Ola Electric stores see raids, seizures for allegedly not having trade certificates: Report
1 week, 4 days ago
Ola Electric Showrooms Raided Across India For Trade Certificate Violations: Report
1 week, 6 days ago
Ola Electric faces increased scrutiny as Central Consumer Protection Authority seeks more information
2 months, 1 week ago
Ola Electric faces govt probe amid complaints over service standards
4 months ago
Trouble for Ola Electric: Consumer watchdog orders probe into complaints
4 months, 1 week ago
More trouble for Ola Electric, faces investigation over service standards: Report
Trending News
4 months, 1 week ago
Consumer Complainants' Joy: Ola Electric Resolves 99.1% of Complaints
4 months, 3 weeks ago

Discover Related