Ola Electric Becomes First Indian EV Company To Get PLI Nod!

Science and Technology

In a recent report by ET Auto, it has been disclosed that Ola Electric successfully met the stringent eligibility criteria outlined in the PLI scheme, including a minimum of 50% domestic value addition to its electric vehicles (e2W). This accomplishment makes Ola Electric the first Indian e-scooter company to gain approval, paving the way for potential financial benefits ranging from INR 15,000 to 18,000 per unit.


      India’s electric vehicle (EV) landscape is witnessing a groundbreaking development as Ola Electric, the IPO-bound electric scooter company

      This achievement positions Ola Electric as a key player in the push towards sustainable transportation.

      This accomplishment makes Ola Electric the first Indian e-scooter company to gain approval, paving the way for potential financial benefits ranging from INR 15,000 to 18,000 per unit.

 

     


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