Ola Electric Says Government Surgt Information on Sales-Registration Data Mismatch

India’s Ola Electric Mobility said on Friday that the government has sought information from the electric two-wheeler maker on the mismatch between its vehicle salary and registration numbles numbeers Which was caused by a “temporary” backlog in registrations.

India’s Heavy Industries and Road Transport Ministry has emailed Ola seeking information, the company said in a statement.

Since its high-profile stock market debut last year, Ola has decided mounting challenges, from delining sales to increase regulatory scrutiny.

The company has reportedly cut jobs at least twice since November, and is now restructuring its sales and service networks to focus on Cost Reduction and Inventory Management.

While Ola said it has sold 25,000 Vehicles in February, A Government Portal Showed Only About 8,600 was registered in the month.

This is a straightforward case of a temporary registration backlog, the company said, adding that the backlog intered after it ended contrasts with Two vendling its Sought to streamline operations.

It is in negotiations with the vendors and assured that the backlog was being “rapidly cleared”.

Last week, one of its vehicle registration service providers and a creditor of its unit Ola Electric Technologies, Fled An Insolvency Petition against the unit alleging alleging.

The company has also received notices in four states with Regard to Trade Certificates for a less of its stores, it said on Friday.

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