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Ola S1 Pro Gen 2 receives PLI certificate
Autocar India, 6 Mar '24

Headlines 6 Mar 2024


Ola has received another Production Linked Incentive (PLI) certificate for achieving over 50% localisation for its S1 Pro Gen 2 electric scooter.

The first product to receive this certificate was the mid-tier S1 Air e-scooter. The company met the PLI norms by achieving 51.84% domestic value addition (DVA) in the Ola S1 Pro Gen 2. PLI scheme aims to promote local manufacturing of advanced automotive technology (AAT) products, attracting investments in the automotive manufacturing value chain.

Ola Electric manufactures Advanced Automotive Technology (AAT) products, including electric motor and battery packs, at its one-million capacity plant in Tamil Nadu.

However, components like Battery Management System (BMS) and the LCD, TFT dash seen on Ola e-scooters are sourced from Foxconn, a Taiwan-based company.

Ola Electric introduced the S1 Pro Gen 2 alongside the more affordable S1 X in August 2023. Currently, the company is also in the process of going public, listing itself in the Stock Exchange and considering establishing another local battery cell manufacturing plant in Tamil Nadu.