New Delhi: Ola Electrical Mobility on Tuesday clarified that its February gross sales symbolize real buyer demand and never “token-amount bookings”. The February 2025 gross sales announcement was based mostly on paid and confirmed orders, not preliminary “bookings”, the Bengaluru-based firm stated in a regulatory submitting.

Practically 90 per cent of those orders had been paid in full on the time of placement, Ola Electrical stated. This contains buyer orders for the brand new merchandise, Gen 3 and Roadster X, which have been obtainable for full buy (not simply pre-booking) throughout February 2025, it acknowledged.

“We’re issuing a proactive assertion to our broader stakeholder neighborhood since we’ve fielded a number of inquiries concerning the firm’s February gross sales figures in current days,” Ola Electrical stated.

It’s important to underscore that automobile deliveries are sequenced to comply with confirmed orders with full fee, a typical and universally-accepted trade apply, it stated.

Any try to conflate bookings with full-payment orders, or to counsel that deliveries should precede or instantly comply with orders, misrepresents how the automotive trade features, it added.

“Additionally it is essential to notice that the corporate recognises income solely upon completion of the registration and supply of the automobiles,” it stated.

“We urge all stakeholders, together with media platforms, to keep away from contributing to the unfold of unsubstantiated claims,” it added.

The corporate continues to work with integrity regardless of going through unsavoury claims and assaults, it famous.