Ola Electric Claims ₹400 Crore PLI Boost: Big Win for EV Growth but Raises Rival Pressure
In a major development for India’s electric vehicle industry, Ola Electric claims nearly ₹400 crore in incentives under the government’s Production-Linked Incentive (PLI) scheme for the automobile and auto component sector for FY25. The claim, backed by sales of around ₹3,000 crore, highlights the company’s growing scale and ambitions in the electric two-wheeler space. The