Ola Electric Gets ₹366.78 Cr PLI-Auto Incentive Boost

Ola Electric Mobility has received a sanction order for ₹366.78 crore under the PLI-Auto Scheme for FY25 sales. The incentive, to be disbursed via IFCI, underscores the company’s strong execution in scale, localisation and technology-led manufacturing, reinforcing its role in India’s EV and advanced automotive ecosystem.