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September 16,2025

Ola Electric Files ₹400 Crore PLI Claim

Ola Electric has filed a ₹400 crore claim under India’s PLI scheme, backed by ₹3,000 crore in eligible FY25 sales. As the only two-wheeler OEM to receive PLI last year, it led PLI-eligible sales for two consecutive years. Ola’s Gen 3 S1 scooters gained PLI compliance, qualifying for 13–18% incentives until 2028.

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