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EV & Mobility|Policy

OLA ELECTRIC'S BATTERY UNIT GRANTED TWO-YEAR EXTENSION TO MEET PLI TARGETS

NeutralEV & Mobility|Policy

The Indian government has granted Ola Electric's battery manufacturing unit a two-year extension to meet the goals under the Production-Linked Incentive (PLI) scheme. The extension provides the company with additional time to ramp up its domestic battery cell production. This adjustment aims to support the development of a local EV supply chain.

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