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India regulator issues notice to Ola Electric over consumer rights concerns
The Central Consumer Protection Authority, India's consumer rights regulator, has sent a show-cause notice to Ola Electric over alleged violation of Indian regulator has sent a notice to Ola Electric over alleged violation of consumer rights.
The notice, issued on Monday, gives the Bengaluru-headquartered firm 15 days to respond to allegations that include questions about misleading advertisements and unfair trade practices, Ola Electric said in a regulatory filing. “The Company will respond to the Central Consumer Protection Authority within the given timeframe with the supporting documents,” Ola Electric CFO Harish Abichandani wrote in the filing. Issues ranged from sensor and software problems in the hub motor to battery discharge during non-usage, while other regular service requirements also accumulated due to staff shortages,” the note added.
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