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Which Indian electric vehicle (EV) company has recently become eligible for the government's Production-Linked Incentive (PLI) scheme?

Current Affairs January 2024 . 11 months ago

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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.
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Posted on 03 Feb 2024, this text provides information on Current Affairs related to January 2024. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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