121 stores of Ola will be closed in Maharashtra: Transport Department action due to lack of trade certificate; Last month was red at 32 stores

121 stores of Ola will be closed in Maharashtra: Transport Department action due to lack of trade certificate; Last month was red at 32 stores

Mumbai10 minutes ago Copy link RTO seized 36 vehicles during raids in Maharashtra. The 121 stores of Electric Two-wheeler manufacturer Ola will be closed in Maharashtra. The Transport Department of Maharashtra has instructed the local RTO to close them. The Transport Department in an investigation against Ola found that more than 450 stores of the … Read more

Ola’s February sales added e-motorbikes not even rolled out yet

Ola’s February sales added e-motorbikes not even rolled out yet

Ola electric Mobility counted its Yet-to-be launched Electric Motorcycles and e-Scooter Bookings in Its Fabrury Sales Number, Making Its Market Share Look Large as It StrugGles to Win Back Investor Confidenge. The Softbank Group Corp-Backed Firm Told India’s Ministry of Road Transport and Highways in a March 21 Letter That it Added Customer Bookings for … Read more

Ola’s February Sales Added E-Motorbikes Not Even Rolled Out Yet

Ola’s February sales added e-motorbikes not even rolled out yet

Ola Electric Mobility counted its yet-to-be launched electric motorcycles and e-scooter bookings in its February sales number, making its market share look larger as it struggles to win back investor confidence. The SoftBank Group Corp-backed firm told India’s Ministry of Road Transport and Highways in a March 21 letter that it added customer bookings for … Read more

Ola Electric’s Unit Faces Two Insolvency Pleas Over Vendor Dues

Ola’s February sales added e-motorbikes not even rolled out yet

A unit of Ola Electric Mobility. is facing insolvency petitions from two of its key vehicle registration service providers in India over unpaid dues, adding to the EV maker’s mounting troubles. Rosmerta Digital Service. and Rosmerta Safety Systems — suppliers of vehicle registration services and high-security registration plates respectively — have separately filed insolvency pleas … Read more

Ola Electric Opens 3,200 Stores Amid Year of Consumer Complaint Woes

Ola’s February sales added e-motorbikes not even rolled out yet

Ola Electric Mobility announced opening of 3,200 new stores in a single day, as India’s biggest e-scooter maker seeks to expand its local footprint and address customer frustration related to shortcomings in service. The Bengaluru-based company has increased the number of showrooms and service centers to 4,000, Ankush Aggarwal, group head of financial services and … Read more

Ola Will Launch Gen 3 Platform-Based Electric Scooter in India This Week

Ola Will Launch Gen 3 Platform-Based Electric Scooter in India This Week

Ola Electric will launch a new electric scooter based on its third generation platform this week, the company announced on Wednesday. First unveiled in August, the EV maker’s Gen 3 platform is claimed to deliver improvements related to reliability, quality, and serviceability over the previous generation electric scooter. The new generation products were initially planned … Read more

Ola S1 Gen 3 Electric Scooters With ABS, Chain Drive Launched in India

Ola S1 Gen 3 Electric Scooters With ABS, Chain Drive Launched in India

Ola S1 Gen 3 electric scooters were launched in India on Friday. The company claims the new scooters deliver big improvements in terms of reliability, quality, and serviceability with its third-generation platform. As part of its latest portfolio, Ola has debuted four scooters — Ola S1 X, S1 X+, S1 Pro, and the S1 Pro+, … Read more

Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses

Ola Electric Said to Cut Over a Thousand Jobs to Stem Losses

Ola Electric Mobility is laying off over a thousand employees and contract workers, people familiar with the matter said, as one of India’s top scooter-makers races to pare ballooning losses. The cuts at the SoftBank Group-backed firm, span multiple departments, including procurement, fulfillment, customer relations and charging infrastructure, the people said, asking not to be … Read more

Ola’s stock rose by 9%: The company denied allegations of sales disturbances; Said- no government investigation against us

Ola’s stock rose by 9%: The company denied allegations of sales disturbances; Said- no government investigation against us

No news Business Ola shares rise 9% sales backlog vahan registrations scrutiny february 2025 New Delhi1 day ago Copy link Electric two-wheeler maker Ola Electric Mobility shares saw a rise of nearly 9% on Friday. At the end of the business session, it rose at Rs 4.27 (8.26%) to close at Rs 55.98. In fact, … Read more

Ola Electric’s Unit Faces Two Insolvency Pleas Over Vendor Dues

Ola’s February sales added e-motorbikes not even rolled out yet

A unit of Ola Electric Mobility. is facing insolvency petitions from two of its key vehicle registration service providers in India over unpaid dues, adding to the EV maker’s mounting troubles. Rosmerta Digital Service. and Rosmerta Safety Systems — suppliers of vehicle registration services and high-security registration plates respectively — have separately filed insolvency pleas … Read more