CosmicTaco

Government Intensifies Scrutiny on Ola Electric Following CCPA Notice

CosmicTaco · 2024-10-10T11:55:42.132705+05:30

- The Ministry of Heavy Industries (MHI) has asked the Automotive Research Association of India (ARAI) to verify if Ola Electric is honouring warranties and maintaining service centres. - This follows a show cause notice from the Central Consumer Protection Authority (CCPA) over alleged consumer rights violations and misleading advertisements. - If found guilty, Ola Electric could lose incentives under the FAME-II and PLI schemes. - The CCPA plans to pursue class action against Ola Electric due to thousands of unresolved complaints. - Ola Electric's two-wheeler registrations declined 11% month-on-month to 23,965 units in September 2024. Source: [Inc42](https://inc42.com/buzz/after-ccpa-notice-govt-amps-up-the-heat-on-ola-electric/)

The Ministry of Heavy Industries (MHI) has asked the Automotive Research Association of India (ARAI) to verify if Ola Electric is honouring warranties and maintaining service centres.
This follows a show cause notice from the Central Consumer Protection Authority (CCPA) over alleged consumer rights violations and misleading advertisements.
If found guilty, Ola Electric could lose incentives under the FAME-II and PLI schemes.
The CCPA plans to pursue class action against Ola Electric due to thousands of unresolved complaints.
Ola Electric's two-wheeler registrations declined 11% month-on-month to 23,965 units in September 2024.

Source: Inc42