Per the Vahan portal, only 8,652 Ola Electric vehicles were registered in February against reported sales of 25,000. Ola Electric said the discrepancy was the result of a “temporary backlog” caused by ongoing negotiations with vendors handling vehicle registrations. It added that 40% of February’s backlog had been resolved, with full resolution expected by the end of March 2025.
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Ola Electric faces government enquiries over registration discrepancies, trade certificates
Per the Vahan portal, only 8,652 Ola Electric vehicles were registered in February against reported sales of 25,000. Ola Electric said the discrepancy was the result of a “temporary backlog” caused by ongoing negotiations with vendors handling vehicle registrations. It added that 40% of February’s backlog had been resolved, with full resolution expected by the end of March 2025.
Source link
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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