Archive · 2 Sep 2025
Ola Electric Shares Rise Following PLI Certification
Ola Electric's stock price is increasing.
This is happening because the company got certified for their new Gen 3 scooter models.
The company's stock had a rough time before, hitting a low point in July 2025, but it improved a lot in August.
The company has been certified by the government under the PLI Scheme, covering all seven models in the Ola S1 Gen 3 scooter line-up.
This means the company has met certain requirements.
The share price today rose nearly 5%.
Ola Electric shares are experiencing continued gains in early trade.
The stock rebounded about 31% in August.
The company received certification for its Gen 3 scooter portfolio.
The certification is under the Production Linked Incentive (PLI) Scheme.
The certification was granted by the Automotive Research Association of India (ARAI).
- Who
- Ola Electric
- What
- Share price increase and PLI certification
- When
- Recent trading sessions
- Where
- N/A
- Why
- PLI certification
- PLI Certification
- Gen 3 scooter portfolio
- Certification Granted By
- Automotive Research Association of India (ARAI)
- Governing Body
- Ministry of Heavy Industries, Government of India
- Previous Share Performance
- Hit record low in July 2025
- August Share Performance
- Rebounded about 31%
- Share Price Today
- Rise nearly 5% in early trade
Sources
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