Ola Electric Gen 3 scooters PLI approval news update with IPO highlights

Ola Electric Gets PLI Approval for Gen 3 Scooters: Full Details Inside

Ola Electric has secured official PLI certification for its full Gen 3 electric scooter lineup, making it eligible for 13–18 percent government incentives until 2028. This is a major step toward improving margins, lowering production costs, and driving the company closer to EBITDA-positive operations.

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