New Delhi, Aug. 26 -- Ola Electric on Tuesday announced that it has received certification for compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme for the automobile and auto components sector for its Gen 3 scooter portfolio.

The certification has been granted by the Automotive Research Association of India (ARAI) under the aegis of the Ministry of Heavy Industries, Government of India, covering all seven models in the Ola S1 Gen 3 scooter line-up.

With this development, Ola Electric's entire Gen 2 and Gen 3 scooter portfolio now stands PLI-certified.

In an exchange filing the company said Ola Electric, has received Certification for Compliance with the eligibility assessment requi...