India, March 21 -- Ola Electric In A Muddle

There seems to be no end to Ola Electric's glitches. At a time when the EV maker is struggling to make its stakeholders content, either by offering a bang for their buck on the stock market or by improving its after-sales services, it seems to have hit yet another snag.

What Has Happened? At least six of the EV maker's stores in Madhya Pradesh and 26 outlets in Maharashtra were raided by regional transport officials a few days ago. Local authorities have impounded a total of 60 electric scooters in the two states.

The Core Of The Crisis: Well, the crackdown comes close on the heels of a complaint that the EV maker has been setting up showrooms, stores and service centres across Maharashtra wi...