‘ } CompaniesAyaan Kartik 4 min read 21 Apr 2025, 08:45 PM ISTIn an investor presentation released on 1 April, Ola Electric said it has 3,365 company-owned stores and 1,071 network partners. (REUTERS)SummaryThe joint transport commissioner of Maharashtra has asked local transport authorities to close all 121 stores of the company operating without trade certificates. Maharashtra authorities are cracking down on Ola Electric’s retail presence in the state, moving to shutter at least 121 of its nearly 450 stores in the country’s largest electric two-wheeler market over missing vehicle sales permits. The joint transport commissioner of Maharashtra has asked local transport authorities to close all 121 stores operating without trade certificates. Mint has reviewed a copy of the letter sent to the local authorities. In fact, the state’s transport commissioner confirmed to Mint that 270 more Ola Electric stores will be issued show-cause notices. As per the letter, 75 of these 121 stores have already been closed and the local authorities have been asked to close the remainder. In the letter dated 16 April, the joint transport commissioner wrote, “If the showroom or store cum service center of the company M/s Ola Electric Mobility Limited in your area of operation is doing business without obtaining a trade certificate from the transport office, action should be taken to close that center or showroom.” Also read | The curious case of Ola’s scooter ‘sales’ without invoices To be sure, Maharashtra recorded 212,000 sales of electric two-wheelers in financial year ended 31 March, making it the largest electric two-wheeler market in the country. In fiscal year 2025 (FY25), Ola Electric sold a total of 344,000 electric two-wheelers, according to the government’s Vahan portal, which is a centralized vehicle registry database. Out of these, 40,303 units, or about 12% of its total scooters, were sold in Maharashtra. When contacted, an Ola spokesperson said, “Your claims regarding our stores in Maharashtra are speculative, incorrect and misplaced.” However, the state transport department confirmed the developments to Mint. Vivek Bhimanwar, transport commissioner of Maharashtra, said, “We have closed about 75 stores and a total of 121 stores have been found operating without trade certificates. Moreover, our department is sending show cause notices to additional 270 stores.” The Ola spokesperson added, “We continue to work closely with the concerned authorities in Maharashtra to address any specific queries or concerns.” The local authorities have conducted several raids across the state during which they seized a total 192 vehicles, as per the joint transport commissioner’s letter cited earlier. The regulatory action comes amid inquiries by the Union ministry of road transport and highways, and the ministry of heavy industries. 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