👥 HR & Workplace🇮🇳 India
Ola Electric Is Sitting on a Pile of Unpaid Supplier Bills
mint - companies·Tuesday, 14 July 2026
Overdue payments by Ola Electric to its small and medium suppliers have jumped to 80% of outstanding dues, up from just 4.6% since the company listed in 2024. Three vendors have filed insolvency petitions against the EV maker, and its share price has slid 5%.
Why It Matters
This affects thousands of small Indian businesses that supply parts to Ola Electric, and raises questions about the health of one of India's biggest EV brands.
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