Ola Electric secures a five-year ACC PLI window through 2031 for its 20 GWh cell allocation, with potential incentives of up to ₹7,240 crore
Ola Electric has secured a five-year PLI window for a 20 GWh cell allocation, marking a significant milestone in India’s ambition to build a strong domestic battery manufacturing ecosystem. The development can support large-scale cell production, strengthen local supply chains, reduce dependence on imports, and accelerate the growth of India’s EV and energy storage sectors.
