Ola Electric Sees Dip In Vahan Registrations

New Delhi: Ola Electric Mobility Limited is expected to see a decline in Vahan registrations for February and the company’s sales remain steady, according to the company’s exchange filing on Wednesday.

The temporary dip in registrations is due to ongoing contract renegotiations with Rosmerta Digital Services Private and Shimnit India Private, which handle vehicle registrations for Ola Electric.

In its filing, the company said that these discussions have impacted the registration numbers reflected on the Vahan portal.

“However, it clarified that sales have not been affected and remain strong throughout February,” the company stated.

The filing added that the registration process will return to normal in the coming weeks.