Ola Electric Shrinks Store Footprint as It Chases Profitability Over Scale, Resurfacing a February Move
Facing falling EV two-wheeler share and regulatory heat, Ola Electric pruned its physical distribution network back in late February, betting on leaner retail to cut costs even as rivals TVS, Bajaj and Ather hold steady.
Ola Electric is scaling back its physical store network to cut costs and improve profitability amid declining EV two-wheeler market share and regulatory scrutiny.