Ola Electric charging network manager leaves company; 32nd resignation since 2020

There is no stopping resignations at Ola Electric and now Yashwant Kumar, who is senior director and business manager for the company’s charging networks, has decided to move on.

A B.Tech graduate from the Indian Institute of Technology, Bombay, Kumar joined Ola Electric in March last year.

He is among several senior employees who have rushed to leave the electric two-wheeler business run by Bhavish Aggarwal in recent months, sources told IANS on Sunday, amid a global slump, supply chain issues and several episodes of electric vehicle fires that have shaken confidence. of EV buyers in the country.

News of Kumar’s resignation was first reported by ET Auto.

Ola Electric declined to comment on this.

Kumar was previously co-founder and CEO of digital marketing agency GenY Medium in Hyderabad and worked at Procter & Gamble for over five years.

He led brand initiatives for Pantene and Pringles for the Southeast Asian markets, before launching GenY Medium in India.

Last month, Ola Electric’s human resources director, Ranjit Kondeshan, decided to move on.

Kondeshan left the electric mobility business on July 2, just 14 months after joining.

Ola Electric, which faces a government investigation into battery fires along with other players in the electric vehicle industry, has had some high-profile outings in recent months.

Nidhi Chaturvedi Jha left Ola Electric as regional head in May and joined Amazon.

In April, marketing director Varun Dubey left the company for “personal reasons”.

Earlier, Dinesh Radhakrishnan who was Chief Technology Officer (CTO) at Ola Electric left the company. According to his LinkedIn profile, he was named CTO at Ola Electric in May last year.

Meanwhile, Arun Sirdeshmukh, who was the head of Ola Cars, which is the used car trading division of the company, announced his departure from the company.

Ola Electric saw sales drop again in June, dropping the company to fourth place overall.

It has seen 5,869 electric scooter sales (as of June 30), according to VAHAN data.

Ola Electric was the top EV player in the country in April and since then has seen its position drop continuously.



(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

About Scott Bridges

Check Also

Let’s take a look at the impact of e-commerce on the economies of different countries / World of Digital Information

With e-commerce being so trendy these days, a blackout was also afoot. As we know, …