Mumbai, Aug. 26 -- The Automotive Research Association of India (ARAI), under the Ministry of Heavy Industries, granted the certification after assessing compliance with eligibility requirements. The approval covers all seven Ola S1 Gen 3 models -- S1 Pro 3 kWh, S1 Pro 4 kWh, S1 Pro+ 4 kWh, S1 X 2 kWh, S1 X 3 kWh, S1 X 4 kWh and S1 X+ 4 kWh.

With this milestone, Ola's entire Gen 2 and Gen 3 scooter line-up is now PLI-certified. The Gen 3 range constitutes the bulk of the company's sales, and the certification is expected to materially boost profitability from Q2 FY26.

Under the scheme, Ola Electric will be eligible for incentives of 13% to 18% of the determined sales value (DSV) until 2028.

The company's spokesperson said, "Securing PL...