Ola Electric Sales Decline in Major Indian Markets Amidst Shifting Retail Focus
2 hours agoBusiness
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1 SourcesMaharashtra, India
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Ola Electric Sales Decline in Major Indian Markets Amidst Shifting Retail Focus

Ola Electric has experienced a decline in sales growth across key Indian markets, including Maharashtra, Uttar Pradesh, Tamil Nadu, and Karnataka, failing to achieve year-on-year growth since February. The company recorded zero sales in at least one state and one Union Territory in recent months, leading to its drop to fifth in recent electric two-wheeler rankings. This trend coincides with a broader market shift where some stores are prioritizing home inverters.

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