<p>Ola Electric Mobility said on Friday that the government has sought information from the electric two-wheeler maker on the mismatch between its vehicle sale and registration numbers for February, which were caused by a "temporary" backlog in registrations.</p><p>India's heavy industries and road transport ministries have emailed Ola seeking information, the company said in a statement.</p><p>Since its high-profile stock market debut last year, Ola has faced mounting challenges, from declining sales to increased regulatory scrutiny.</p><p>The company has reportedly cut jobs at least twice since November, and is now restructuring its sales and service networks to focus on cost reductions and inventory management.</p><p>While Ola said it has sold 25,000 vehicles in February, a government portal showed only about 8,600 were registered in the month.</p><p>This is a straightforward case of a temporary registration backlog, the company said, adding that the backlog intensified after it ended contracts with two vendors handling its registration process as it sought to streamline operations.</p><p>It is in negotiations with the vendors and assured that the backlog was being "rapidly cleared".</p><p>Last week, one of its vehicle registration service providers and a creditor of its unit Ola Electric Technologies, filed an insolvency petition against the unit alleging default in payments.</p><p>The company has also received notices in four states with regard to trade certificates for a few of its stores, it said on Friday.</p>
<p>Ola Electric Mobility said on Friday that the government has sought information from the electric two-wheeler maker on the mismatch between its vehicle sale and registration numbers for February, which were caused by a "temporary" backlog in registrations.</p><p>India's heavy industries and road transport ministries have emailed Ola seeking information, the company said in a statement.</p><p>Since its high-profile stock market debut last year, Ola has faced mounting challenges, from declining sales to increased regulatory scrutiny.</p><p>The company has reportedly cut jobs at least twice since November, and is now restructuring its sales and service networks to focus on cost reductions and inventory management.</p><p>While Ola said it has sold 25,000 vehicles in February, a government portal showed only about 8,600 were registered in the month.</p><p>This is a straightforward case of a temporary registration backlog, the company said, adding that the backlog intensified after it ended contracts with two vendors handling its registration process as it sought to streamline operations.</p><p>It is in negotiations with the vendors and assured that the backlog was being "rapidly cleared".</p><p>Last week, one of its vehicle registration service providers and a creditor of its unit Ola Electric Technologies, filed an insolvency petition against the unit alleging default in payments.</p><p>The company has also received notices in four states with regard to trade certificates for a few of its stores, it said on Friday.</p>