Ola | Latest News & Updates - Mar 23, 2025 Release

Ola Electric is addressing inquiries from the ministries of heavy industries and road transport about discrepancies between vehicle registrations and sales figures, as well as trade certificate compliance issues...


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Ola

🌎 olacabs.com

Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India, Australia, New Zealand, and the UK. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs, enabling convenience and transparency for consumers and driver-partners. Ola also has additional services like Ola Electric, Ola Fleet Technologies, Ola Skilling, Ola Financial Services, and a food business.


Ola - Latest News and Updates

  • Ola Electric is addressing inquiries from the ministries of heavy industries and road transport about discrepancies between vehicle registrations and sales figures, as well as trade certificate compliance issues.
  • The Maharashtra government has ordered a special inspection of all Ola Electric stores in the state for trade certificates between March 20 and March 27.
  • Ola introduced Road Trip Mode in MoveOS 5 for S1 riders, featuring multi-stop trip planning, shared navigation, and public ride sharing.
  • Ola Electric's share price increased by 6% after the company refuted sales decline allegations and addressed regulatory scrutiny related to vehicle registration discrepancies.
  • Pune RTO seized 36 e-scooters from Ola Electric stores due to allegations of misusing a single trade certificate for multiple outlets.
  • The Heavy Industries Ministry has directed ARAI to investigate Ola Electric's sales figure discrepancies and consumer complaints, with a report due in 15 days.
  • The government has asked ARAI to investigate Ola Electric's sales figure discrepancies and consumer complaints.
  • Rosmerta has filed two insolvency petitions against Ola, seeking around Rs 22-25 crore in dues for vehicle registration and associated services.
  • CA Sakshi Malang has left Ola as Assistant Manager - Indirect Taxation in India to join Meesho as Assistant Manager.
  • Ola Electric faced a challenging week as reported on March 21, 2025.

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