This will be massive for our cell business! Till this extension, we weren’t expecting any incentives in this scheme. But now we are ahead of schedule and will aim to max it!
This Cell PLI is a visionary scheme and thank you to govt for extending the timelines.
More on Aug 15th!
#StartupsWithMC | Ola Electric secures 5-year PLI window, eligible for up to Rs 7,240 crore in incentives
Ola Electric has 2.5 GWh of installed cell manufacturing capacity, with another 3.5 GWh under installation. It expects to reach 6 GWh by the end of the current quarter,



