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Ola Electric Secures PLI Incentives
Mint Bangalore
|March 07, 2025
Ola Electric, India's largest electric vehicle company, has become the first two-wheeler automotive electric vehicle (EV) manufacturer in India to receive incentives under the Production Linked Incentive (PLI) Scheme for Automotive and Auto Component (PLI-Auto Scheme).
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The firm has been granted a total incentive of ₹73.74 crore for the determined sales value of FY 2023-24 under the scheme, according to a stock exchange filing b
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