Ola Electric S1 X 2kWh Gets PLI Certification

By By Rediff Money Desk, New Delhi
Sep 27, 2024 12:37
Ola Electric's S1 X 2kWh e-scooter has received PLI certification, adding to its existing 5 certified products. This move further strengthens Ola's commitment to India's EV vision.
Photograph: Courtesy Ola Electric
New Delhi, Sep 27 (PTI) Ola Electric on Friday said its electric scooter S1 X 2kWh has received compliance certificate as per the eligibility requirements under the production linked incentive (PLI) scheme.

With this, the company now has 5 products in both premium and mass-market two-wheeler products that are certified under the PLI scheme, Ola Electric said in a statement.

"Receiving the PLI certification for our third mass-market product affirms our vertically integrated manufacturing strength marking a significant achievement in advancing India's EV vision," a company spokesperson said.

The government's ambitious Auto PLI Scheme has been a game changer that has also pushed manufacturers to enhance local supply chains, foster domestic manufacturing, and assist companies in achieving economies of scale, the spokesperson added.
Source: PTI
Read More On:
indiaelectric vehiclemanufacturingola electricevproduction linked incentivesupply chaine-scooters1 x 2kwhpli certification
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