Economy

Softbank-backed Ola Electric to recall 1,441 e-scooters

Follow-ups -eshrag News:

Author: 
Sun, 2022-04-24 14:32

DELHI: Softbank-backed Ola Electric said on Sunday it will recall 1,441 of its electric scooters, weeks after one of its vehicles caught fire in India, prompting a government probe into the incident.

Scooters involving Indian startups Okinawa and PureEV have also been involved in fires, in what some say could be an early setback for a nascent sector that is key to Prime Minister Narendra Modi’s carbon reduction and climate goals.

India launched an investigation into the fires last month and formed a committee of experts to make recommendations on remedial steps. Okinawa recalled 3,215 vehicles this month.

“We will be conducting a detailed diagnostics and health check of the scooters in that specific batch and therefore are issuing a voluntary recall of 1,441 vehicles,” Ola Electric said in a statement on Sunday.

India wants electric scooters and motorbikes to make up 80 percent of total two-wheeler sales by 2030, compared with about 2 percent today, and Modi’s administration is offering companies billions of dollars in incentives to make EVs locally.

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Business & Economy
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Ola
EV
fire
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