OLAELEC

Ola Electric ; Co Gets PLI Certification for Roadster X+ ⚡️🏍️ • 🏆 Key Milestone: Roadster X+ 4.5 kWh becomes first in portfolio to get PLI certification • 🇮🇳 Localisation Boost: Meets DVA (Domestic Value Addition) norms under PLI • 💰 Incentive Eligible: Model now qualifies for PLI Auto scheme benefits • 🚀 EV Expansion: Strengthens entry into electric motorcycle segment • 🏭 Scale Advantage: Supports indigenous manufacturing & cost efficiency Impact: 🟢 Positive – Incentives + localisation boost improve margins & growth outlook