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MHI seeks inputs from ARAI on complaints against Ola Electric
YourStory
ยท
9m ago
Medial
- Ministry of Heavy Industries directs ARAI to provide inputs on consumer complaints against Ola Electric - Ola Electric is a beneficiary of FAME II and PM E-DRIVE schemes - Show cause notice issued to Ola Electric for alleged violation of consumer rights and unfair trade practices - OEMs under FAME II and PM E-DRIVE schemes are required to maintain service centers and provide warranties - Ola Electric has 15 days to respond to the show cause notice - The notice does not impact Ola Electric's financials or operations, and no penalties or fines are imposed
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Government asks ARAI to probe Ola Electric's sales figure mismatch, consumer complaints
Economic Times
ยท
3m ago
Medial
The Heavy Industries Ministry has tasked the Automotive Research Association of India (ARAI) with investigating discrepancies in Ola Electric's sales figures and consumer complaints. Ola Electric reported selling over 25,000 units in February, but Vahan portal registrations were only 8,652. ARAI will examine these discrepancies and consumer issues, submitting a report within 15 days. Ola Electric attributes the registration lag to agency negotiations and aims to resolve it by March. The company faces additional scrutiny and potential insolvency proceedings.
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Govt orders audit of Ola Electric's service centres after consumer complaints
VCCircle
ยท
9m ago
Medial
- India's heavy industries ministry orders an audit of Ola Electric's service centers due to consumer complaints. - Ola Electric received a notice from India's consumer protection agency following 10,000 complaints about delayed and unsatisfactory after-sales services. - The audit aims to ensure that Ola Electric is maintaining its service centers and honoring consumer warranties to be eligible for government incentives. - The Automotive Research Association of India (ARAI) has been asked to conduct the audit, after which the government will decide the next course of action. - Ola Electric's eligibility to receive incentives under the government program could be affected if found to be in violation. - Ola Electric, backed by Softbank Group, has a 27% market share in India's e-scooter market.
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Ola Electric slapped with show cause notice over consumer complaints and service deficiencies
Economic Times
ยท
9m ago
Medial
1. The Central Consumer Protection Authority (CCPA) has issued a showcause notice to Ola Electric, citing violations of the Consumer Protection Act. 2. The National Consumer Helpline has recorded over 10,000 complaints against Ola e-scooters, including issues related to service delays, delivery delays, and unfulfilled promised services. 3. Complaints against Ola Electric include allegations of manufacturing defects, sales of second-hand vehicles, incomplete refunds, recurring issues post-servicing, overcharging, inaccurate billing, and multiple battery and component problems. 4. Nidhi Khare, Secretary of the Department of Consumer Affairs, expressed concern over the large number of complaints and called for prompt resolution from Ola Electric. 5. Ola Electric's stock price has declined by nearly 9% following the showcause notice, and public criticism has been observed, including a dispute between comedian Kunal Kamra and Ola founder Bhavish Aggarwal. 6. Ola Electric reported a consolidated net loss of INR 347 crore in the first quarter of fiscal year 2025, despite a year-on-year growth in revenue from operations.
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Ola Electric shares slip 3% amid regulatory scrutiny over 'BOSS' sale discounts
Economic Times
ยท
9m ago
Medial
Ola Electric Mobility, an electric vehicle manufacturer, has faced a 3% drop in its stock as it undergoes regulatory scrutiny from the Automotive Research Association of India (ARAI). The ARAI has raised concerns about Ola Electric's failure to inform them of a price reduction for its S1 X 2 kilowatt-hour model before launching its "BOSS" sale. This oversight may affect the model's eligibility for government subsidies and impact Ola Electric's position in the competitive EV market. Shares of Ola Electric have declined by 21.4% in the last month and 12% in the last 2 weeks.
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'Number of unresolved complaints, Olaโs lack of cooperation led to our action'
Livemint
ยท
9m ago
Medial
- Central Consumer Protection Authority (CCPA) is pursuing class action against Ola Electric following numerous unresolved consumer complaints. - Ola Electric has been accused of non-cooperation in addressing the complaints lodged with the National Consumer Helpline (NCH). - The CCPA's show-cause notice is based on 9,948 complaints received between September 2023 and August 2024, mainly related to delayed deliveries, defective products, and misleading advertisements. - Ola Electric has been given 15 days to respond to the notice, which warns of violations under the Consumer Protection Act, 2019. - The CCPA has forwarded over 10,000 complaints to Ola Electric for investigation and resolution. - Complaints include delayed refunds, service delays, refusal of warranties, and inconsistencies in performance, with the charge of charging customers during the free service period being particularly concerning.
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Ola Electric says resolved 99% of customer complaints
Economic Times
ยท
8m ago
Medial
Ola Electric has stated that it has resolved 99.1% of the 10,644 consumer complaints received so far, according to the Central Consumer Protection Authority (CCPA). The company responded to a show cause notice from CCPA for alleged violations of consumer rights, misleading advertisements, and unfair trade practices. Ola Electric also addressed a notice from the Automotive Research Association of India (ARAI) regarding the pricing strategy of its scooters. The company clarified that it had not altered the prices during its sale and provided evidence to support this claim. Additionally, Ola Electric's market share in the electric two-wheeler segment increased to 34.9% in the first half of October. They also have plans to expand their service centres and onboard more partners.
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Ola Electric Needs Servicing
Inc42
ยท
9m ago
Medial
Last week, Bhavish Aggarwal, the founder of Ola Electric, engaged in a public dispute with a comedian on X (formerly Twitter) over the quality of Ola Electric's scooters and customer service. While Ola Electric follows a direct-to-consumer (D2C) model, concerns were raised about the lack of available service centres in certain districts. This led to a discussion about the advantages of traditional OEM services. The social media argument received attention from news outlets and government ministries, highlighting thousands of customer complaints against Ola Electric.
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Govt launches probe into Ola Electric's deficiencies
Inshorts
ยท
8m ago
Medial
The government's Central Consumer Protection Authority (CCPA), India's top consumer watchdog, has ordered a detailed investigation into Bhavish Aggarwal-led Ola Electric's deficiency in service standards and product issues. "10,644 complaints were received against Ola Electric on National Consumer Helpline from September 1, 2023, to August 31, 2024," CCPA head Nidhi Khare told The Indian Express.
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CCPA seeks additional details from Ola Electric
Economic Times
ยท
7m ago
Medial
The Central Consumer Protection Authority (CCPA) has requested additional documents and information from Ola Electric in relation to a show cause notice it had previously issued. Ola Electric has 15 days to respond to the request. The show cause notice, issued on October 8, alleged violations of consumer rights and unfair trade practices. Ola Electric responded, stating it had addressed the majority of complaints. The company has faced challenges recently, including a drop in its market share and an increase in customer complaints. Despite this, Ola Electric has expanded its product portfolio by launching two new electric scooter models.
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Trouble for Ola Electric: Consumer watchdog orders probe into complaints | Company Business News
Livemint
ยท
8m ago
Medial
India's Central Consumer Protection Authority (CCPA) has initiated an investigation into alleged deficiencies in the services and products of Ola Electric, focusing on its scooters. The Bureau of Indian Standards (BIS) has been directed to verify the company's claims regarding the resolution of customer grievances. The investigation comes after a surge of 10,644 complaints filed against Ola Electric with the National Consumer Helpline. Ola Electric had claimed 99.1% customer satisfaction, but a sample test by the CCPA found that only 79.2% of consumers were satisfied with the company's response to their grievances.
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