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Ola’s Dream of World’s Biggest E-Scooter Factory Hits a Hurdle (Correct)

The global chip shortage undermines Ola’s ambitious manufacturing plans.

Ola’s chief marketing officer, Varun Dubey, at the electric scooter’s Bengaluru launch on Aug. 15.
Ola’s chief marketing officer, Varun Dubey, at the electric scooter’s Bengaluru launch on Aug. 15.Photographer: Samyukta Lakshmi/Bloomberg
Corrected

Ola Electric Mobility Pvt Ltd., the Indian startup that’s pledged to build the world’s biggest electric scooter factory, doled out a handful of brightly-hued bikes earlier this month, complete with drummers and a saxophonist to mark the occasion. Founder Bhavish Aggarwal came to thank some 100 customers who brought along family and friends.

But beyond the colorful proceedings, Ola isn’t living up to its lofty ambitions. Mass production of its e-scooters is likely to be pushed back until at least January, according to people familiar with its operations, who asked not to be identified because the information isn’t public.