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Published 14:16 IST, September 27th 2024

Ola Electric S1 X 2kWh receives PLI certification

Ola Electric said that its S1 X 2kWh received a compliance certificate as per the eligibility requirements under the production-linked incentive (PLI) scheme.

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Ola Electric S1 X 2kWh gets PLI certification
Ola Electric S1 X 2kWh gets PLI certification | Image: Ola Website

Ola S1 X PLI certification: Ola Electric said on Friday that its electric scooter S1 X 2kWh received a 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.
 

Updated 14:16 IST, September 27th 2024