Feb sales show genuine customer demand, not token bookings: Ola Electric

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Feb sales show genuine customer demand, not token bookings: Ola Electric - Business Standard

Quick Summary:

The February 2025 sales announcement was based on paid and confirmed orders, not preliminary "bookings", the Bengaluru-based company said in a regulatory filing.

This includes customer orders for the new products, Gen 3 and Roadster X, which have been available for full purchase (not just pre-booking) during February 2025, it stated.

"We are issuing a proactive statement to our broader stakeholder community since we have fielded multiple inquiries about the company's February sales figures in recent days," Ola Electric said.