Ola Electric Gets Revised ACC PLI Timeline, Anticipates ₹7,240 Crore in Incentives by 2031

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Automotive

12 August 2026 at 10:37 pm

Ola Electric Gets Revised ACC PLI Timeline, Anticipates ₹7,240 Crore in Incentives by 2031

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Summary

Ola Electric's subsidiary has received revised timelines for the ACC PLI scheme, securing a full five-year incentive window until 2031. The company anticipates cumulative incentives of up to ₹7,240 crore and is expanding its cell manufacturing capacity to meet new targets.

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