Business

Transport Ministry hauls up Ola Electric over missing trade certificates, EV firm responds

April 25, 2025

New Delhi, April 25

The Union Ministry of Road Transport and Highways has issued a show-cause notice to Ola Electric Mobility Limited over missing trade certificates.

In the notice dated April 24, the ministry asked Bhavish Aggarwal-run Ola Electric to provide detailed information about the number of stores and service centres it currently operates, as well as the number of trade certificates it has obtained in the past three years, including their issuance dates, as per a media report.

The company has also been asked to clarify whether it is stocking unregistered vehicles at its centres, report added.

The ministry further demanded model-wise and variant-wise data for the 7,820 electric scooters Ola Electric claimed to have delivered in February this year.

The company has been directed to respond within seven days of receiving the notice to avoid any adverse action.

In response, Ola Electric said that it had already disclosed the necessary information to the stock exchanges and denied having received any order to shut down over 100 of its showrooms in Maharashtra.

The company made this clarification in a filing to the National Stock Exchange (NSE) on Friday, responding to a media report about enforcement action by the Maharashtra Transport Department.

 

 

Have something to say? Post your opinion

  --%>