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Ola Electric Secures ₹3.66 Billion PLI-Auto Incentive for FY25 from Indian Government

HYDROGEN

Ola Electric Mobility has received approval for ₹3.66 billion (approximately $44 million) in incentives under India's Production Linked Incentive program for FY 2024-25. The funding, aimed at promoting battery-electric and hydrogen fuel-cell vehicles, will be disbursed through IFCI based on sales value across various segments, including two-wheelers and commercial vehicles, until March 31, 2028.

Ola Electric Secures ₹3.66 Billion PLI-Auto Incentive for FY25 from Indian Government

Dec 30, 2025, 7:32 AM

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