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CCPA Issues Show-Cause Notice to Ola Electric Amid Rising Consumer Complaints
It would seem like Ola Electric would be violating a few provisions under the Consumer Protection Act, 2019," the showcase notice continued to enumerate, referencing complaints from consumers regarding manufacturing defects, partial or no refunds in booking cancellations, defects recurring after servicing, overcharging and wrong invoices, and multiple issues with the battery and vehicle components.
Ola Electric Reports 17% Decline in E-Scooter Sales for September as Stock Falls Below Rs 100
According to data made public by the government for VAHAN, Ola Electric sold 22,950 e-scooters in September (till about 5 p.m. on September 30), and its vehicle registration graph has been consistently falling since the month of March when it sold 53,638 electric two-wheelers.
Ola Electric’s Market Share Falls to 31% in August, Continues to Decline
These retail sales of the company are the lowest in the calendar year to date, down 34 per cent from 41,711 units it sold in July. In all, 88,451 electric two-wheelers were registered in August 2024, against 62,767 units in the year-ago period — a growth of 41% year-on-year, VAHAN data showed. But sequentially, the industry has shrunk 41.5 per cent.
Ola Electric Debuts E-Motorcycles, Plans In-House Battery Cell Integration by Early FY26
Bhavish Aggarwal, founder and chairman, Ola Electric, said today about two-thirds of India's two-wheeler market comprises motorcycles, and now, with the entry of Ola in this segment, the adoption for electric vehicles in this category will go up the curve.
Ola Electric Dominates April with Over 52% Market Share in EV 2-Wheeler Segment
From the VAHAN Portal, the government's data showed that the company has done 34,000 registrations last month, up 54 percent from the same period last year.
Ola Electric Slashes Prices for S1 X E-Scooter Range, Starting at Rs 69,999
The S1 X series, featuring three battery options of 2 kWh, 3 kWh, and 4 kWh, will now be offered at Rs 69,999 (as an introductory offer), Rs 84,999, and Rs 99,999, respectively. Deliveries are slated to commence from the upcoming week.
Ola Electric Sells Over 8,000 E-scooters to Parent Firm by December 2023: Report
According to an Ola Electric spokesperson, 8,206 Ola Electric scooters have been registered under ANI Technologies for its e-bike, parcel, and other delivery services. The report suggests that the number of e-scooters sold to Ola Cabs' parent and its subsidiaries between April 2022 and December 2023 was even higher, around 12,000 units.
Ola, Okinawa continue to lose electric 2-wheeler market share: Report
Bajaj Auto (11.1 per cent, +57 bp) gained the most market share, while Ola lost the most, followed by Okinawa, according to BNP Paribas India EV report–October 2023.
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