Ola S1 X Electric Scooter Secures PLI Certification

The Ola S1X electric scooter has achieved a milestone by achieving Production Linked Incentive (PLI) certification. This certification is planned to increase production capacity and strengthen the scooter’s market footprint. It also highlights the Ola S1 X’s adherence to high standards and manufacturing, which could increase government support and financial incentives. As a result, Ola electric is well-positioned to increase production and distribution, strengthening the competitiveness of the electric scooter industry. 
 

-The Ola S1 Pro Gen 2 had previously received the PLI

-Meets criteria of 50 percent localisation

-Available for the 3kWh and 4kWh battery pack variants 
 

Ola S1 X, which comes with 3kWh and 4kWh batteries, receives a Production Linked Incentive Certificate from the International Center for Automotive Technology (ICAT). The certificate is awarded when the scooter meets the requirement of at least 50 percent local availability. 
 

Benefits Ola and Enhances their Product Lineup

 
Ola will benefit from the incentives over the next five years. Achieving PLI certification is important because it enables Ola to achieve these benefits, which can pass on cost savings to customers through competitive pricing. In addition, it helps reduce the dependence on imported components required to manufacture scooters.

The Ola S1 X products are at the entry level, and purchase cost plays an important role in consumer decision-making. The PLI system will certainly provide a valuable advantage in this regard.

Ola recently unveiled its third-generation scooter, which is set to launch soon. The company has also unveiled three new electric motorcycles. 

Before you go, have a look at the Mark Your Calendars Jawa to Introduce New Motorcycle on September 3.

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