Page 6 - Ola Electric Vehicles

Over 10k complaints filed against Ola Electric; CCPA sends notice

Consumer rights regulator CCPA has slapped a notice on electric two-wheeler manufacturer Ola, as it initiates a class action after over 10,000 complaints related to quality and after-sales service remained unaddressed, according to sources. The National Consumer Helpline (NCH) has been getting complaints against Ola Electric for the last one year, which were escalated to higher levels at the company for redressal "but there was little interest shown in redressing these complaints", said a source. Subsequently, the Central Consumer Protection Authority (CCPA) "started examining these complaints for class action and found that over the last one year, NCH received over 10,000 complaints", the source added. According to the source, the major categories of consumer complaints include charging during the free service period/warranty, delayed and unsatisfactory services, refusal or delay in warranty services, inadequate services, recurrent defects despite services, inconsistent performance

Here's why Ola Electric share was down over 3% on October 10; reasons here

Ola Electric's share price declined following a request from the Ministry of Heavy Industries (MHI) to the ARAI for its assessment of the increasing number of consumer complaints against the company.

CCPA showcause notice won't impact activities, says Ola Electric

Won't impact operations or finance, says company after founder's social media spat with stand-up comedian

Amid rising service complaints, CCPA issues notice to Ola Electric

The notice, issued on October 3, cites the 'potential violation' of key provisions of Consumer Protection Act, 2019

Ola electric vehicles on a bumpy ride as social media takes stock

Comedian Kunal Kamra and Ola's Aggarwal engaged in a verbal duel on X

Ola's BOSS sale offers discounts as e-scooter sales fall, competition grows

Ola Electric's CEO Bhavish Aggarwal announced that during the sale, the S1 scooter is been priced as low as Rs 49,999

Ola Electric's dominance fades as Indian e-scooter battle intensifies

Ola Electric sold 23,965 vehicles in September, recording a month-on-month decline. In that period, Ola's closest rivals TVS Motor and Bajaj Auto have narrowed the gap

Stocks To Watch: HDFC, IT stocks, Torrent Pharma, Ola Electric, Adani Green

Stocks to watch today: With Accenture raising its revenue guidance for FY25 to 3-6 per cent, exceeding its previous guidance, IT stocks in India would be in focus today.

Ola Electric forms new team to tackle 80,000 service complaints per month

The S1 series' manufacturer of electric scooters has intensified its focus on service operations by building a new team that includes employees from various departments such as product and operations

26-yr-old arrested after setting Ola Electric's showroom ablaze in K'taka

The incident comes amid growing public ire over servicing at Ola Electric, India's no.1 e-scooter maker

Ola Electric share price rise: Madness beyond fundamentals, say analysts

Ola Electric share price target: Since its listing on August 9, Ola Electric stock has surged 92 per cent (till August 19) over its issue price of Rs 76

Ola Electric soars to $7 bn valuation on e-motorcycle launch, battery plan

The e-motorcycle launch is set to intensify competition in the world's second-largest two-wheeler market

Ola Electric's Bhavish Aggarwal announces launch of 3 motorbike variants

The e-bikes, named Roadster, Roadster X, and Roadster Pro, will be available from the fourth quarter of FY25

Charging ahead: Ola Electric launches indigenous 'Bharat' battery cell

The Bengaluru-headquartered electric vehicle manufacturer was awarded 20 Gigawatt hours (GWh) out of the 50 GWh allocated under the PLI scheme

Ola Electric rolls out 'Roadster' E-bikes, prices start from Rs 74,999

Ola Electric CEO Bhavish Aggarwal also announced the development of Ola's next-generation battery technology, known as the 'BharatCell,' the first cell to be manufactured in India

Ola Electric Q1 results: Net loss widens to Rs 347 cr, hurt by price cuts

The company, which made its trading debut last week, said its loss widened to Rs 347 crore ($41.4 million) in the April-June quarter from Rs 267 crore

Ola Electric Mobility rises 20% on debut on electric vehicle optimism

Following the listing of Ola, Aggarwal, who is just 38, has seen his net worth surpass $1.5 billion, cementing his place in the world's youngest billionaires list

Ola Electric's shares surge 10% in debut trade, valuing company at $4.4 bn

The stock had listed flat to its initial offer price at 76 rupees on the National Stock Exchange

MapMyIndia accuses Ola Electric of data theft for maps, sends legal notice

MapMyIndia's legal notice alleges Ola's activities breach the 2021 agreement's terms, which specifically forbid co-mingling and reverse engineering as per Intellectual Property regulations

MapMyIndia accuses Ola Electric of copying mapping data | Ola electric IPO

Days before its IPO, Ola Electric is in the news for not quite the right reasons.