Ola Electric Receives PLI-Auto Incentive

Ola Electric, a company that makes electric scooters, has received a big reward from the Indian government.

This reward is ₹366.78 crore, which is given to help companies make more electric vehicles in India.

The money is part of a special plan called PLI-Auto, which gives companies incentives to make better and more advanced cars and parts.

Ola Electric is the first electric two-wheeler company in India to get this reward.

The company has also been certified for making good quality scooters, which helps them become more profitable.

This money will help Ola Electric make more electric scooters and improve their technology.