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Ola Electric's sales decline 34%, complaints surge to 80,000/month
Ola Electric's S1 series witnessed its lowest monthly sales volumes in August 2024, with a significant drop of 34% from July to just 27,506 units. This decline also impacted the company's market share in the electric two-wheeler segment,
Ola Electric Posts Lowest 2024 Sales In Aug – 80,000 Complaints Per Month, Touches New High
Even as Ola Electric is currently No 1 selling electric 2 wheeler OEM in India, the company faces severe constraints in terms of service.
Ola Electric builds new service team as complaints mount to 80,000 a month
Ola Electric’s problem of service delays coincides with a drop in sales. In August, it posted its worst monthly volumes this year, selling 27,506 units—a 34% decline from July—and saw its market share drop to 31% from 39%.
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
Ola Electric's Daily Complaints Climb Up To 7,000, EV Maker Revamps Service Team: Report
In a bid to tackle escalating customer complaints and dwindling sales, Ola Electric has reportedly assembled a new service team. What Happened: The electric scooter manufacturer based in Bengaluru has been inundated with nearly 80,
1d
on MSN
Ola Electric's Share Nosedives Further, Analysts Warn Investors To Remain Cautious
The electric vehicle (EV) company’s stock closed at 108.15 apiece, a drop of 2.56 per cent from its last trading session. The ...
english.mathrubhumi
1d
Ola Electric shares continue to plummet, analysts urge caution
Ola Electric's stock price falls further prompting analysts to advise caution due to speculative valuation and increasing ...
13d
on MSN
Ola Electric customer arrested after setting showroom ablaze in India, police say
A 26-year-old man has been arrested for allegedly setting fire to an Ola Electric showroom in the southern Indian state of ...
newsbytesapp.com
7d
'Buy' rating, 50% upside: Goldman Sachs bullish on Ola Electric
Goldman Sachs has also initiated coverage on Ola Electric, assigning it a 'buy' rating with a target price of ₹160 per share.
New Atlas
11d
All that glitters is not gold: Ola e-motorcycles slammed upon launch
Ola's super-cheap electric roadsters caused a global stir at launch, but issues are now becoming apparent, from the subpar ...
7d
Ola Electric to grow revenue 2.5x faster, volumes 5x faster over next 3 years: Goldman Sachs
International brokerage firm Goldman Sachs, on September 17, stated that it expects Ola Electric's revenue to grow 2.5 times ...
cnbctv18
7d
Ola Electric shares end 10% higher after two 'buy' ratings project targets of up to ₹160
While BofA Securities sees a potential upside of nearly 35% for shares of Ola Electric, Goldman Sachs sees up to 50% upside.
Hindustan Times on MSN
10d
Ola Roadster electric motorcycle teased in video. Check out its features
Ola Electric has unveiled the Roadster, showcasing its electric motorcycle in a video. The model features advanced specs, ...
ET Auto
5d
Netizens slam Ola's Bhavish over poor e-scooter quality as he shows battery cell
Bhavish Aggarwal showcased an indigenously-made lithium battery cell to Union Minister Ashwini Vaishnaw, sparking discussions ...
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