Ola Electric, Ather Energy Shares Surge 5% as EV Subsidies Extended to FY28

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Automotive

11 August 2026 at 10:15 pm

Ola Electric, Ather Energy Shares Surge 5% as EV Subsidies Extended to FY28

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Summary

Shares of Ola Electric and Ather Energy surged up to 5% after the government extended EV subsidies under the PM E-Drive scheme until FY28, increasing allocation to ₹11,900 crore and eligible vehicles to 4.57 million.

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