Ola Electric, one of India’s leading electric scooter manufacturers, is facing pressure after the Central Consumer Protection Authority (CCPA) issued a show cause notice following a surge in consumer complaints.

Shares of the Aggarwal-led EV company have declined around 43 per cent from their all-time high of Rs 157.53, which Ola Electric stock had touched earlier on August 20 this year. What is causing fall in the shares of the BSE IPO-listed electric scooter maker firm?

The controversy began when Kunal Kamra criticised the service quality at Ola Electric's service centres, sharing an image of a large number of scooters waiting for repairs and calling out the company for mistreating Indian customers.

What happens when the head of a billion-dollar company gets into a public spat with a comedian? In the case of Bhavish Aggarwal, CEO of Ola Electric, it leads to a viral meme fest, criticism, and even a sharp dip in the company’s stock prices.

The shares of Ola Electric Mobility plunged steeply over 8% this morning, down 43% from its post-listing peak, as complaints about its flagship electric two-wheelers kept flooding social media.

Ola Electric's stock prices fell by 9% after comedian Kunal Kamra posted a controversial image showing dusty e-scooters outside an Ola showroom. The incident led to a public spat with CEO Bhavish Aggarwal,

S hares of Ola Electric fell as much as 8% today- making it the third straight day of losses for the stock which has now declined in five out of the last six trading sessions. Ola

Shares of Ola Electric Mobility fell 9.4% amid a heated exchange between CEO Bhavish Aggarwal and comedian Kunal Kamra over service issues of Ola scooters. Kamra criticized the service quality, while Aggarwal accused Kamra of posting a paid tweet.

Ola CEO Bhavish Aggarwal and comedian Kunal Kamra recently clashed on social media. The dispute began when Kamra shared an image of numerous Ola electric scooters parked at a service centre, questioning the company's service quality.