Decoding Ola Electric’s dealer pivot: what the shareholders’ letter says

Decoding Ola Electric’s dealer pivot: what the shareholders’ letter says



Ola Electric has stopped taking orders at its own direct-to-consumer (D2C) stores, looking to close all of them by December with all new production now going to dealers. The first dealer outlets opened on September 4, and the network has grown to 255 partners and 319 stores as of November 9, the company said in a letter to shareholders after announcing July-September results.It is targeting 450 stores by December and 700 by March 2027.Why it’s



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