Ola Electric under scrutiny over mismatching sales and registration data: Report
Since the Ministry of Heavy Industries is requesting information regarding differences between Ola Electric's stated sales and actual car registrations, the company is currently under more regulatory scrutiny. This is because the company claimed to have sold 25,000 vehicles in February, though only 8,600 were registered as per the Vahan Portal.
As part of the probe, Maharashtra RTO officials inspected multiple Ola showrooms across the state, according to the report which added that they looked to see if the vehicles had necessary documentation and were being sold with a valid trade certificate. However, 36 scooters were seized in Mumbai and Pune due to non-compliance issues, according to the report.
The crackdown even extended to Punjab where multiple Ola showrooms have reportedly been shut down. In Jabalpur as well, RTO authorities issued notices to Ola Electric after it found unregistered scooters being sold without a valid trade certificate, according to the report.