Crisis At Ola Electric Gets Deeper Senior Director Yashwant Kumar Joins List Of Top Level Resignees

Delhi: It appears that evidently Ola Electrical is getting swamped with again to again resignations with the newest one being of Yashwant Kumar, Senior Director and Enterprise Head for Charging Networks on the firm. A B.Tech from the Indian Institute of Expertise-Bombay, Kumar joined Ola Electrical in March final yr.Additionally Learn – Ola Electrical’s HR Director Ranjit Kondeshan Quits As High Executives Depart

He’s amongst a number of senior staff who’ve made a beeline to go away Bhavish Aggarwal-run electrical two-wheeler firm within the latest months, sources informed IANS on Sunday, amid international meltdown, provide chain points and several other EV hearth episodes which have shaken the belief of EV consumers within the nation.

The information about Kumar’s resignation was first reported by ET Auto. Ola Electrical refused to touch upon this.

Kumar was earlier Co-founder and CEO of digital advertising and marketing company GenY Medium in Hyderabad and labored at Procter & Gamble for greater than 5 years. He led branding initiatives for Pantene and Pringles for the South East Asia markets, previous to beginning GenY Medium in India.

Final month, Ola Electrical’s Director HR, Ranjit Kondeshan, determined to maneuver on. Kondeshan departed from the electrical mobility firm on July 2, simply 14 months after becoming a member of.

Ola Electrical, going through a authorities probe in battery fires together with different EV gamers, has seen some high-profile exits in latest months. Nidhi Chaturvedi Jha stop Ola Electrical as regional head in Might and joined Amazon.

In April, chief advertising and marketing officer Varun Dubey left the corporate as a result of “private causes”.

Earlier, Dinesh Radhakrishnan, who was the chief know-how officer (CTO) at Ola Electrical, moved on from the corporate. In accordance with his LinkedIn profile, he was appointed CTO at Ola Electrical in Might final yr. In the meantime, Arun Sirdeshmukh who was head of Ola Automobiles, which is the used automobile commerce division of the corporate, introduced his departure from the corporate.

Ola Electrical once more noticed its gross sales dipping within the month of June, taking the corporate to fourth place within the total class. It noticed 5,869 electrical scooters’ gross sales (as of June 30), in line with the VAHAN information.

Ola Electrical was the highest EV participant within the nation in April and since then, it has seen its place sliding repeatedly.