Government Intensifies Scrutiny on Ola Electric Following CCPA Notice

• 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