Ola Electric Facing Probe Over E-Scooter Fire in Pune

India is investigating how an e-scooter constructed by Ola Electric caught fireplace on the weekend, with the federal government apprehensive the incident may trigger panic and hamper development of the nascent electrical car (EV) sector, a high bureaucrat informed Reuters.

For Prime Minister Narendra Modi’s authorities, EVs are essential to assembly India’s carbon discount goal and lowering its gasoline import invoice.

“If reasons for the damage are not nipped in the bud, it can spread panic affecting the EV industry,” Giridhar Aramane, secretary of India’s ministry of street transport, which has ordered the investigation, stated.

“The basic aim is to ensure the truth comes out else it can become murky,” he stated.

Softbank Group-backed Ola Electric didn’t instantly reply to a request for remark.

Gross sales of electrical scooters in India, led by start-ups similar to Hero Electric and Ather Energy, in addition to Ola, have gathered tempo in latest months to make up about 2 p.c of complete scooters and motorbikes bought.

On Saturday, a Twitter consumer in the western metropolis of Pune posted a video of an Ola scooter bursting into flames. The social media publish went viral, forcing Ola to order its personal investigation.

The federal government inquiry, to be carried out by the Centre for Fire, Explosive and Surroundings Security, a unit of India’s defence analysis arm, may very well be extra of a problem for Ola than buyer criticism it has incurred of gradual deliveries.

Considered one of India’s hottest startups, Ola started promoting its electrical scooters final 12 months. It produces 1,000 scooters a day, leaving it far off a deliberate preliminary goal of constructing two million a 12 months.

The corporate is finest recognized in India for it ride-hailing cab service, which rivals Uber. Its electrical automobiles enterprise Ola Electric is valued at round $5 billion (roughly Rs. 37,846 crore).

© Thomson Reuters 2022

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