Ola Electric Faces Sales Drop, Legal Heat

Ola Electric sees 61% sales fall amid Goa suspension and court case over engineer suicide allegations.

Ola Electric, led by Bhavish Aggarwal, sold 16,034 e-scooters in October — a 61% drop from the same month last year. Data from the government’s Vahan portal showed that sales also fell from September, when the company sold 13,421 units. The decline followed a temporary sales suspension in Goa after customer complaints about poor service and registration delays.

The company faced more trouble when police named its executives in the suicide case of a 38-year-old engineer, K. Aravind. Before his death in Bengaluru on September 28, Aravind left a 28-page note accusing his superiors of harassment and unpaid dues.

During a recent hearing, the complainant’s lawyer called Ola Electric “worse than the East India Company” and questioned a ₹17.46 lakh transfer made to Aravind’s account two days after his death. Ola Electric rejected the claims, saying Aravind never filed any formal grievance while employed with the company.

The Karnataka High Court has ordered police to carry out a fair investigation without harassing the accused. The next hearing will take place on November 17.

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