Centre Sanctions ₹366.78 Cr PLI-Auto Incentive for Ola Electric for FY25

Electric vehicle maker Ola Electric Mobility has received a major boost from the Indian government after the Ministry of Heavy Industries sanctioned incentives worth ₹366.78 crore under the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components for claims related to FY25. In a regulatory filing dated December 25, Ola Electric said the sanction … Continue reading Centre Sanctions ₹366.78 Cr PLI-Auto Incentive for Ola Electric for FY25