Ola Electric Faces Government Probe Over Service and Product Standards
India's consumer protection authority has enlisted the Bureau of Indian Standards to investigate Ola Electric following 10,000 customer complaints.
- The Central Consumer Protection Authority (CCPA) has initiated an investigation into Ola Electric due to a significant number of service and product complaints.
- Ola Electric, a leading e-scooter manufacturer in India, has received 10,000 complaints, prompting regulatory scrutiny.
- The Bureau of Indian Standards will conduct a detailed investigation to assess the allegations of service deficiencies.
- Ola Electric claims to have resolved 99.1% of the complaints, which it describes mostly as minor issues like loose parts or software unfamiliarity.
- The investigation has impacted Ola Electric's market performance, with shares dropping 7.6% since their debut.