Archive · 28 Nov 2025

Ola Electric Faces Sales Slump and Financial Challenges

Ola Electric Faces Sales Slump and Financial Challenges

Ola Electric, a company that makes electric scooters, is having a tough time.

They sold the fewest scooters in three years in November, and their sales have dropped a lot since their best month.

Other companies like TVS and Bajaj are selling more scooters, and people aren't happy with Ola's products.

The government is also checking Ola for some problems.

Because of all this, Ola isn't making as much money and had to ask for more money from investors.

They hope a new battery business will help them in the future.

Sources