Customers Who Purchased EV Charger From Ola Electric To Receive Refund Of Rs 130 Crores
3 / 5 / 2023
Electric two-wheeler manufacturer, Ola Electric, has agreed to reimburse approximately Rs 130 crore
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to customers in response to the Ministry of Heavy Industries' probe for overpricing.
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The company will reimburse the cost of the off-board charger for all customers who have bought
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the accessory when purchasing an Ola S1Pro model scooter from FY 2019-20 until March 30, 2023.
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The Automotive Research Association of India (ARAI) will not take any further action against Ola Electric. Founder and CEO
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Bhavish Agarwal, has stated that the company will do whatever the government asks to resolve all issues.
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Hero MotoCorp, TVS Motor Company, Ather Energy, and Ola Electric have been scrutinized
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under the FAME scheme for charging customers over the threshold.
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