Ola becomes only EV maker to secure PLI certification for four electric scooters

Ola Electric's S1 X 3 kWh and S1 X 4 kWh scooters received certification for the Production Linked Incentive (PLI) Scheme. The company is now the sole two-wheeler EV manufacturer to achieve PLI compliance for four products. The certification underscores Ola’s manufacturing strength and commitment to India's EV vision, with shares increasing by 4.4% on this news.