Thursday, February 19, 2026

Ola Electric to cut store network to 550

Ola Electric is significantly cutting its physical store count to around 550 by March-end. This move follows a sharp drop in market share and operational difficulties. The company is undergoing a structural reset to fix fundamentals and achieve a sustainable steady state. This strategic shift impacts its retail footprint and operating model as it navigates a challenging market.

from Auto-Industry-Economic Times https://ift.tt/9CXupo3

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