Ola Electric Receives ₹3.66 Billion PLI-Auto Incentive for FY25

Incentive backs EV maker’s domestic manufacturing scale

December 29, 2025

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Ola Electric Mobility has received an approval order from the Ministry of Heavy Industries to release incentives totaling ₹3.66 billion (~$44 million) under the Production Linked Incentive program for Automobile and Auto Components (PLI-Auto Program) for claims for the financial year 2024–25.

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Ola Electric Receives ₹3.66 Billion PLI-Auto Incentive for FY25

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