Ola faces regulatory heat; CCPA prepares notices for other EV players
Following complaints filed with the National Consumer Helpline (NCH), the CCPA is set to send notices to multiple EV manufacturers, urging them to address concerns related to their products and services.
The Central Consumer Protection Authority (CCPA) is tightening its grip on the electric vehicle (EV) industry, with Ola Electric being a key focus of recent scrutiny.
Following complaints filed with the National Consumer Helpline (NCH), the CCPA is set to send notices to multiple EV manufacturers, urging them to address concerns related to their products and services.
The authority will soon issue a notice to one EV company, mandating a response within 15 days. This marks the beginning of a broader investigation aimed at ensuring compliance with consumer protection standards across the EV sector.
With Ola already in the spotlight, this move signals a significant escalation in regulatory oversight for the burgeoning industry.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Rs 2,62,626 One-time Investment: How you can aim for Rs 50 lakh corpus by India's 100th Republic Day
From Rs 5,000 Monthly SIP to Rs 11.70 Cr Corpus: 7 mutual funds that have turned Rs 5,000 monthly investment into up to Rs 11,69,93,500 since their inception
Retirement Planning: How can Rs 7,00,000 one-time investment create Rs 2,10,00,000 retirement corpus? See details
02:47 PM IST