Ola Electric's S1X 3 kWh and S1X 4 kWh scooters receive PLI certification under India's Production Linked Incentive Scheme.

Ola Electric's S1X 3 kWh and S1X 4 kWh scooters have received PLI certification confirming compliance with eligibility assessment requirements under India's Production Linked Incentive (PLI) Scheme. This makes Ola Electric the first 2W and pure-play EV manufacturer to receive PLI certification for four products - S1 Air, S1 Pro, S1X (3 kWh, and 4 kWh). Ola Electric will be eligible for incentives for up to five consecutive financial years, with the incentive ranging between 13% and 18% of the determined sales value of the products.

August 20, 2024
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