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Maharashtra to shut down 121 unauthorized Ola stores
Mint Bangalore
|April 22, 2025
Local authorities have conducted several raids across the state, with 192 vehicles seized
Maharashtra authorities are cracking down on Ola Electric's retail presence in the state, moving to shutter at least 121 of its nearly 450 stores in the country's largest electric two-wheeler market over missing vehicle sales permits.
The joint transport commissioner of Maharashtra has asked local transport authorities to close all 121 stores operating without trade certificates. Mint has reviewed a copy of the letter sent to the local authorities. In fact, the state's transport commissioner confirmed to Mint that 270 more Ola Electric stores will be issued show-cause notices. As per the letter, 75 of the 121 stores have been closed and local authorities have been asked to close the rest.
In the letter dated 16 April, the joint transport commissioner wrote, "If the showroom or store cum service center of the company M/s Ola Electric Mobility Limited in your area of operation is doing business without obtaining a trade certificate from the transport office, action should be taken to close that center or showroom."
To be sure, Maharashtra posted sales of 212,000 electric two-wheelers in FY25, making it the largest electric two-wheeler market in India.
Diese Geschichte stammt aus der April 22, 2025-Ausgabe von Mint Bangalore.
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