ReferIndia News Ola Electric Secures Major Incentive for Advanced EV Manufacturing

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Ola Electric Secures Major Incentive for Advanced EV Manufacturing

Published on: Dec. 25, 2025, 5:58 p.m. | Source: Devdiscourse

Ola Electric has secured Rs 366.78 crore from the Ministry of Heavy Industries under the production-linked incentive scheme. This funding underscores Ola's commitment to enhance India's automotive manufacturing through increased localization and innovation, aligning with the government’s vision for clean mobility and global competitiveness in the sector.

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