{"id":146436,"date":"2025-03-20T13:06:13","date_gmt":"2025-03-20T07:36:13","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=146436"},"modified":"2025-03-20T13:06:16","modified_gmt":"2025-03-20T07:36:16","slug":"regulatory-trouble-for-ola-electric-sales-vs-registration-data-mismatch-raises-eyebrows","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/regulatory-trouble-for-ola-electric-sales-vs-registration-data-mismatch-raises-eyebrows\/","title":{"rendered":"Regulatory Trouble for Ola Electric? Sales vs. Registration Data Mismatch Raises Eyebrows!"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1531124434\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of one of the leading electric vehicle (EV) manufacturers in India, specializing in the design, manufacturing, and development of electric vehicles (EVs), are in focus upon facing regulatory scrutiny upon the discrepancy between the number.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-219025942\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price action<\/strong><\/h2><p>With a market capitalization of 22,998.07 Crores on Thursday, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/OLAELEC\" target=\"_blank\" rel=\"noreferrer noopener\">Ola Electric Mobility Limited<\/a><\/strong> fell upto 4 percent making a low of Rs. 51.64 compared to its previous closing price of Rs. 53.82.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p><strong>Ola Electric Mobility Limited<\/strong> is engaged in the design, manufacturing, and development of electric vehicles (EVs), has seen in bearish phase in day\u2019s trade as the company faced regulatory scrutiny because of a discrepancy between the number of scooters it claims to have sold and the number registered with the government.<\/p><p>Ola Electric has reported selling a lot of scooters, but when authorities check the official records, the numbers don\u2019t match. This mismatch in sales and registration data raises concerns and leads to investigations. While Ola Electric claims to have sold 25,000 vehicles in February, only 8,600 vehicles were registered as per Vahan Portal.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2996912451\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Maharashtra RTO authorities inspected Ola showrooms across the state, including Pune, seizing 36 scooters in Mumbai and Pune due to compliance issues. The crackdown has extended to Punjab, where Ola stores have shut down, and Jabalpur, where notices were issued for selling unregistered scooters.<\/p><h2 class=\"wp-block-heading\"><strong>About the Company<\/strong><\/h2><p>Ola Electric Mobility is an Indian electric vehicle (EV) manufacturer focused on providing sustainable, eco-friendly transportation solutions. The company, a subsidiary of Ola Group, produces electric scooters and aims to revolutionize the Indian mobility market with cutting-edge technology and a robust charging infrastructure.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Recent Launches<\/strong><\/h2><p>Ola Electric has launched its new electric motorcycle series, the Roadster, featuring models like the Roadster X and Roadster X+, with prices starting at Rs. 84,999 and Rs. 1,14,999 respectively. The company unveiled these production-ready models on February 5, 2025, aiming to expand its electric vehicle lineup beyond scooters.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials&nbsp;<\/strong><\/h2><p>The company&#8217;s revenue declined by 14.5 percent from Rs. 1,371 crore to Rs. 1,172 crore in Q3FY24-25. Meanwhile, Net loss increased from Rs. 376 crore to Rs. 564 crore during the same period.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sridhar J<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-content-10\" id=\"trade-1669218535\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-2338609588\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of one of the leading electric vehicle (EV) manufacturers in India, specializing in the design, manufacturing, and development of electric vehicles (EVs), are in focus upon facing regulatory scrutiny upon the discrepancy between the number. Price action With a market capitalization of 22,998.07 Crores on Thursday, the shares of Ola Electric Mobility Limited [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":141862,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[23560,21516,21515,948,936,3157],"class_list":["post-146436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-ola-electric-mobility","tag-ola-electric-mobility-latest-news","tag-ola-electric-mobility-share-price","tag-stock-market","tag-stock-market-news","tag-stock-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Regulatory Trouble for Ola Electric? 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