Govt makes Ola Electric refund buyers for EV chargers, Ather, others to follow

Electric scooter makers billed customers separately for chargers and software, exploiting a loophole to qualify for subsidies.

Ola Electric will reimburse about Rs 130 crore to nearly 100,000 customers who bought its S1 series of scooters, The Economic Times reported on Tuesday, citing government officials.

With that, the report said, the government has concluded a probe against the Bengaluru-based company in a case related to what the government saw as mispricing of its electric two-wheelers.

The probe began earlier this year following a whistleblower complaint that four companies—Ola, Ather, TVS Motor and Vida—were billing chargers and proprietary software separately to keep the price of their electric two-wheelers down in order to claim a subsidy under the FAME …

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Pradip K. Saha

Pradip is a co-founder at The Morning Context and leads our newsletters vertical. He has previously worked at The Ken as a staff writer, at Mint as an assistant features editor and the Deccan Chronicle as a copy editor. He works with a slew of expert newsletter writers across subjects and domains. His own writing spans the gig economy, farmers caught in the crossfire of technology, global warming and parents trapped in the edtech wave. Some of his best stories have come at the intersection of technology and human endeavour.

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