Ola’s million EV milestone hides a pricey warranty problem looming for buyers

Warranty spending is soaring above traditional automakers

Ola’s push toward a million EVs is being shadowed by warranty costs that far exceed both rivals and traditional automakers. The imbalance has investors and customers wondering whether the company’s growth is being underwritten by rising repair liabilities, and how long the higher costs can remain sustainable as EV volumes scale up.