Want to invest in the Ola Electric? Here are some risk factors to consider

The company could experience defects, quality issues, or disruptions in the supply, or an increase in prices of, components used in our EVs, which can adversely affect our product pricing and manufacturing and delivery timelines.

Defects in electric vehicles (EVs), or their failure to perform as per industry standards or meet the performance levels advertised could adversely impact Ola Electric's brand and reputation and result in product recalls or legal actions against the company.

The company may also be unable to achieve the level of automation and precision required for cell manufacturing. Also, cell manufacturing processes may be impacted by import regulations and duties that may limit the amount of raw materials the company can import into India to manufacture its cells. 

Ola Electric does not own the trademark for the brand name ‘Ola’. The lack of trademark protection of brand names adversely affects the company's ability to protect such intellectual property and limits our ability to oppose third-party applications to use an identical or similar brand name.

Any reductions or eliminations of government incentives such as the Faster Adoption and Manufacturing of Electric (FAME) subsidy, benefits under the production linked incentive (PLI) scheme, PLI Scheme for National Programme on Advanced Chemistry Cell Battery Storage, subsidies from the government of Tamil Nadu, and Goods and Services Tax concessions available to customers or the ineligibility of any of our EVs for such subsidies.

Failure to accurately estimate the supply and demand for Ola Electric's EVs could lead to either a shortage or an excess in inventory, while low demand for EVs and low capacity utilization of our Ola Futurefactory could limit the company's ability to leverage economies of scale.

The company's ability to successfully develop, introduce, manufacture, market, and deliver new EV models of high quality on schedule and on a large scale.

The expansion of the existing Ola Futurefactory facility and production capacity may be subject to delays, disruptions, cost overruns, or may not produce the expected benefits and thus could adversely affect our production

capacity, financial condition, and results of operation.

If the company is not able to attract and retain customers, its business, prospects, financial condition, results of operations, and cash flows will be materially harmed.