India, April 8 -- While much has been said and written about the issues with Ola Electric's February numbers in recent times, the company took to the bourses today to clarify on the statement labelling recent media reports as "misinformation".

A day after a Bloomberg report said that Ola Electric included "bookings" of electric scooters and motorcycles in the month of February without delivering them, the EV maker said that the February 2025 sales announcements were based on paid and confirmed orders, not "preliminary bookings".

Further, it said that 90% of the orders were paid in full at the time of placement during the month of February. The company added that these orders included its new two-wheelers Gen 3 and Roadster X, which went...