Ola Electric receives PLI approval for two more vehicle models

The incentive for the 3 KwH and 4 KwH versions of Ola Electric’s S1X scooters will range between 13% and 18% of their determined sales value (DSV). The company can avail of these benefits for five consecutive years starting FY24. Earlier this year, Ola Electric had received the PLI certification for two of its other scooters, the Ola S1 Air and the Ola S1 Pro