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Ola Electric’s trouble is not taking the name of ending. Out of 3,400 stores, only 100 have a trade certificate. CCPA investigation will continue after the raid.
Earlier, the Karnataka High Court has also rejected the company.
Highlights
- Out of 3400 Ola Electric, only 100 stores have a trade certificate.
- Ola stores were raided in many states.
- The Karnataka High Court refused to cancel the CCPA notice.
New Delhi. Ola Electric is one of the major electric two-wheeler companies of India. The company recently decided to expand its retail stores. Since then, the company has come under the circle of legal investigation. According to a report by Bloomberg News, only more than 100 out of the company’s 3,400 stores have a compulsory trade certificate under the Motor Vehicle Act. This disclosure has come when transport officials in many states have raided stores offering without registration vehicles and Test rides.
Ola, which initially adopted only online sales model, expanded its physical store network very rapidly in recent months. However, Bloomberg’s investigation shows that most of the stores of the company are working without a trade certificate. The trade certificate for opening this certificate stores is an essential document and the display, sale or test ride of un-registard two-wheelers cannot be conducted without this certificate.
Taking the electric revolution to the next level this month.
Going from 800 stores right now to 4000 stores this month itself. Goal to be as close to our customers as possible.
All stores opening together on 20th Dec Across India. Probably the biggest single day store opening…
– Bhavish Aggarwal (@bhash) December 2, 2024
