Ola Electric Stores See Raids, Seizures on Flouting India Rules
Ola Electric Mobility Ltd.’s rapid expansion into brick-and-mortar showrooms is running into regulatory trouble. The Bengaluru-based electric scooter maker, once a champion of the digital-only sales model, recently scaled up to 4,000 physical locations since 2022. A Bloomberg news investigation has found that out of roughly 3,400 showrooms for which data is available, a little … Read more