I’ll be honest, when Ola Electric first burst onto the scene, I was rooting for them. They seemed to have nailed what so many electric vehicle companies miss: affordable electric mobility that didn’t feel like a compromise. The S1 wasn’t just another budget scooter trying to play dress-up. It looked sharp, had smart tech features, and offered serious bang for your buck.
And for a price-sensitive market like India, that’s a big deal. And from where I sit here in the Philippines, I was quietly hoping they’d expand our way too. We face similar buying habits, and something like the S1 could’ve done really well here.
But the latest headlines out of India tell a very different story. Ola Electric, once the golden child of the country’s EV movement, is facing a rough patch. Actually, it’s more of a full-blown crisis.
