Ola Electric gets Rs 95.8 crore PLI incentive, third consecutive year - The Economic Times
Ola Electric has secured a Rs 95.81 crore incentive under the government’s Production Linked Incentive (PLI) scheme for automobiles and auto components for FY27. This is its third consecutive payout, taking total sanctioned incentives to about Rs 536.3 crore as the electric two-wheeler maker works to revive sales and expand domestic battery and cell manufacturing.