Ola Electric is poised to significantly increase its presence with the expansion of its sales and service network to 4000 stores on December 25th. This move will bring their affordable and top-notch electric vehicles within reach to Indians across major cities and towns. With the aim to provide accessibility to all, Ola Electric's founder Bhavish Aggarwal vows to have a store and service centre in every town, city, tehsil, and taluka. This expansion will also help address customer servicing issues and further promote the usage of EVs by highlighting the cost-saving benefits of up to Rs 4,000 per month.
Ola Electric, the electric vehicle arm of Ola, launched two new ranges of scooters - Gig series and S1 Z series - targeting both gig workers and urban commuters. Along with the scooters, Ola also announced the Ola PowerPod, an inverter that uses their portable batteries to power household appliances. The stock price of Ola Electric jumped by 8% on November 27, marking a 19% recovery from the 52-week low. Founder Bhavish Aggarwal said that these new products will make energy more efficient and provide flexibility in both mobility and household usage.
Ola Electric's stock price saw a significant boost on Wednesday after the company revealed its plans to launch two new electric scooter ranges priced at just Rs 39,000. CEO Bhavish Aggarwal also introduced a portable home inverter, the Ola PowerPod, which doubles as a battery pack for the scooters. These affordable and accessible options are set to cater to a broad range of customers, with reservations already open. However, this move comes amidst ongoing customer complaints and a recent restructuring effort within the company. With the launch of these new models, Ola Electric aims to revolutionize EV adoption in India and pave the way for a greener future.
Ola Electric, one of the leading electric scooter manufacturers in India, has announced its entry into the commercial segment with the launch of its 'Gig' range of scooters. These affordable electric scooters, starting at Rs 39,999, specifically target gig workers who are looking for sustainable and convenient transportation options. The company has also launched a personal-use electric scooter, the S1 Z, priced at Rs 59,999, which is aimed at urban commuters. This move by Ola Electric marks their continued efforts to promote eco-friendly and accessible transportation solutions in the Indian market.
The ongoing feud between Ola CEO Bhavish Aggarwal and comedian Kunal Kamra has escalated with Aggarwal sharing a Diwali video of celebrations at an Ola showroom and Kamra challenging him to show footage of Ola’s service centres instead. Kamra has been vocal about Ola’s handling of customer complaints, while Aggarwal has responded defensively, drawing criticism from the public. Kamra’s posts have sparked widespread discussion and even caught the attention of government officials. Despite Ola’s claims of addressing complaints, the Department of Consumer Affairs is now investigating the matter.
Frustrated with ongoing customer complaints and a lack of clarity from Ola Electric about their plans for resolution, comedian Kunal Kamra called out CEO Bhavish Aggarwal on social media. This comes after a public feud between the two in October, where Aggarwal seemed to dismiss Kamra's criticism as a "paid post." With Ola Electric's stock price declining and growing pressure to improve customer service, the public is waiting for a response from the company.
Comedian Kunal Kamra and Ola CEO Bhavish Aggarwal are engaged in a war of words over the company's EV backlog, with Kamra setting a deadline and offering to publicly track unresolved complaints. As the spat continues, Kamra sarcastically asks Aggarwal to share a public plan that doesn't include hiring him to address the backlog. The issue of refunds and an end date for customer complaints still remains unclear.
Ola Electric's shares witnessed a sharp decline in prices after reports emerged of the Automotive Research Association of India (ARAI) launching an investigation into the company's pricing practices. ARAI has also asked for immediate clarification and compliance details, raising concerns about potential legal repercussions and disqualification from receiving subsidies. The trouble started when ARAI questioned the company's failure to inform them about a price cut before launching a sale, while consumer complaints about vehicle quality and after-sales services have also added to Ola Electric's woes.
Indian tech giant Ola Electric is facing major backlash following a show cause notice from the Central Consumer Protection Authority (CCPA) for a slew of customer complaints about service deficiencies. The notice comes after reports of Ola receiving over 10,000 complaints in just one month. The situation escalated when Indian comedian Kunal Kamra called out Ola CEO Bhavish Aggarwal on social media, leading to an acrimonious exchange. This backlash has also led to a drop in Ola's stock price, raising questions about the company's handling of these issues.
A heated debate erupted between Ola Electric founder Bhavish Aggarwal and comedian Kunal Kamra on Twitter regarding the service quality of Ola's electric scooters. Kamra criticized the company for neglecting the complaints of consumers, while Aggarwal fired back by challenging Kamra to come and help improve the service network. The exchange quickly turned personal, with Kamra calling Aggarwal arrogant and Aggarwal mocking Kamra's comedy career. Many Ola Electric customers also joined in, expressing their dissatisfaction and urging Aggarwal to address their concerns.