Ola Electric’s sales footprint shrinks as stores bet on home inverters

In Maharashtra, one of India’s largest electric two-wheeler markets, Ola Electric saw an 83% year-on-year decline in November sales to 550 units, after a 77% decline in October to 1,278 units. The company’s home state, Karnataka, showed a similar trend; Sales fell 84% to 520 units in November, following a 71% drop to 1,303 units in October.