Ola Electric all set to manufacture EV battery cells under PLI scheme: All Details

The total allotment was made for 50GWh of battery capacity. The successful bidding companies will receive incentives under the Rs 18,100 crore PLI scheme to boost EV battery cell production. Ola CEO, Bhavish Aggarwal said, “The ACC PLI scheme will be instrumental in making India self-reliant and localising the most critical aspect of the electric vehicle value chain.”

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