TAG: "PLI Auto scheme"

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PLI Auto Scheme Drives INR 35,657?Crore Investment, Expands EV Manufacturing

PLI Auto Scheme records INR 35,657 Crore investment, disburses INR 2,321.94 Cr incentives, supports 13.6 lakh electric vehicles, generates 48,974 jobs, and strengthens India’s Atmanirbhar Bharat manufacturing initiative.

PLI Auto Scheme | January 03, 2026 | By EI News Network | 1192

Ola Electric Bags INR 366.78 Crore PLI-Auto Incentive for FY25

Ola Electric has secured a sanction of INR 366.78 crore from the Ministry of Heavy Industries under the PLI-Auto Scheme for FY 2024–25, recognising its scale, localisation, and technology-driven EV manufacturing capabilities.

PLI Auto Scheme | December 26, 2025 | By Mrinmoy Dey | 1534

Ola Electric Secures PLI Certification for its Gen 3 Scooter Portfolio

Ola Electric has secured Production Linked Incentive (PLI) certification for its Gen 3 scooter portfolio, a milestone that makes its entire Gen 2 and Gen 3 lineup eligible for incentives ranging from 13-18 percent of the determined sales value (DSV) until 2028.

PLI Auto Scheme | August 27, 2025 | By Mrinmoy Dey | 1666

Ola Electric Secures INR 73.74 Crore PLI Incentive

Ola Electric has received a INR 73.74 crore incentive under the PLI-Auto Scheme, making it the first electric two-wheeler (E2W) manufacturer to benefit. The funds will support R&D, manufacturing, and expansion, reinforcing India's push for localised EV production and sustainable mobility.

PLI Auto Scheme | March 06, 2025 | By EI News Network | 1704