Ola Electric shares surge 6% after denying regulatory issues, citing registration backlog for February sales discrepancy

March 21, 2025

Ola Electric shares: In a statement released on Friday, the company confirmed that its sales remain strong and that it is working to clear the backlog that had led to discrepancies in vehicle registration data. Ola explained that this backlog, which was not the result of any internal operational issues, is being addressed, with daily registration numbers now exceeding 50% of the company’s three-month daily sales average.

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