Ola Electric has secured PLI certification from the Ministry of Heavy Industries for its Gen 3 electric scooter lineup, covering all seven models. This certification, along with the existing Gen 2 certification, is expected to significantly strengthen Ola's cost structure and margins, with profitability projected from Q2 FY26.Ola Electric secures PLI nod for Gen 3 electric scooters: Models, details
August 27, 2025
0
Ola Electric has secured PLI certification from the Ministry of Heavy Industries for its Gen 3 electric scooter lineup, covering all seven models. This certification, along with the existing Gen 2 certification, is expected to significantly strengthen Ola's cost structure and margins, with profitability projected from Q2 FY26.
