India, April 8 -- Ola Electric's February Math Goes Wrong

Ola Electric may be counting chickens before the hatching. In yet another brush that may go wrong with the Indian regulators, the Bhavish Aggarwal-led EV maker is allegedly counting bookings of the vehicles that haven't even hit the roads in its sales figures.

What's The News? Ola Electric allegedly included "unlaunched" Gen3 escooters and Roadster X motorcycles (likely in the production stage) in its February 2025 sales to boost reported market share. These vehicles accounted for nearly half of Ola's claimed 25,207 "confirmed orders" in February.

Calling The Sales Bluff: The Ministry of Road Transport and Highways has asked Ola to revise its data and warned of "adverse action"....