Ola Electric’s Affordable S1 X 2kWh Scooter Secures PLI Certification

Ola Electric’s Latest Milestone in EV Manufacturing

In an exciting development for India’s electric vehicle (EV) sector, Ola Electric’s S1 X 2kWh scooter has officially secured Production Linked Incentive (PLI) certification. This certification further cements Ola Electric’s position as a leader in the EV market, thanks to its adherence to stringent localisation norms and the government’s vision of fostering domestic manufacturing.

PLI Certification: A Step Toward Localisation and Economic Growth

The S1 X 2kWh is now the fifth product in Ola’s portfolio to receive PLI certification, meeting the localisation criteria of 50% mandated by the Ministry of Heavy Industries. This certification enables Ola Electric to benefit from incentives under the PLI scheme for five consecutive years, marking a major step toward achieving economies of scale and enhancing India’s self-reliance in EV production.

Driving the EV Revolution with Local Innovation

Ola Electric’s vertically integrated manufacturing process is a key factor in achieving this success. By fostering local supply chains and producing critical components such as battery packs and motors domestically, Ola is playing a pivotal role in advancing India’s EV ecosystem.

Accelerating Toward a Greener Future

With the PLI certification of the S1 X 2kWh, Ola Electric has once again demonstrated its commitment to driving the electric revolution in India. As more of its products meet these stringent localisation standards, the company is poised to continue shaping the future of transportation in India, setting new benchmarks for both affordability and sustainability in the EV market.

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