Ola Electric's deliveries delayed amid cost-cutting

Ola Electric Mobility Ltd's decision to renegotiate contracts with two of India's largest vehicle registration agencies last month has resulted in prolonged delays in the deliveries of its scooters, according to store managers and complaints posted by buyers on social media.

- Ayaan Kartik

NEW DELHI:

The waiting period for the company's electric scooters increased to 20-45 days from 5-7 days before February, managers at seven Ola Electric stores across New Delhi, Mumbai and Bengaluru told Mint.

However, Ola Electric said delivery times had improved, with the delivery time for customers now reduced from 12 days to 3-4 days, according to a company filing with the stock exchanges on Wednesday.

Two senior executives at one of the registration agencies told Mint on condition of anonymity that Ola Electric wanted a drastic reduction in the cost of registering vehicles.