Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 330)
330.
Which Indian electric vehicle (EV) company has recently become eligible for the government's Production-Linked Incentive (PLI) scheme?
Tata Motors
Ola Electric
Mahindra Electric
Ather Energy
Answer: Option
Explanation:
Ola Electric, the IPO-bound electric scooter company, met the stringent criteria of the PLI scheme, including a minimum of 50% domestic value addition to its electric vehicles (e2W). This significant achievement positions Ola Electric as the first Indian e-scooter company to gain approval, opening avenues for potential financial benefits and reinforcing its role in advancing sustainable mobility in India.
Discussion:
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