Ola Electric has streamlined its distribution network by eliminating regional warehouses, now leveraging its 4,000 retail stores for inventory and deliveries. This move aims to enhance EBITDA margins by 10 percentage points, improve inventory management, and accelerate customer deliveries, while aiming for significant monthly cost savings of Rs 30 crore.
from Auto-Industry-Economic Times https://ift.tt/C6eLdPy
Subscribe to:
Post Comments (Atom)
Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?
Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Des...
-
Mahindra, in collaboration with Warner Bros. Discovery, has launched the limited-run BE 6 Batman Edition electric SUV, inspired by Christoph...
-
Maruti Suzuki launches the new Swift 2024, priced from Rs 6.49 lakh. This model boasts enhanced features, safety, and fuel efficiency, maint...
-
At present, the carmaker has tied up with 20 partners across vehicle needs, mobility services and lifestyle companies to offer exclusive ben...
No comments:
Post a Comment