Ola Electric has received certification under the Production Linked Incentive (PLI) scheme for its Gen 3 electric scooter portfolio. The certification, granted by the Automotive Research Association of India (ARAI) under the Ministry of Heavy Industries, applies to all seven models in the Gen 3 range.
With this approval, both Ola Electric’s Gen 2 and Gen 3 scooter models now qualify under the PLI scheme for the automobile and auto components sector. The Gen 3 portfolio includes the 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. These models make up the majority of the company’s current scooter sales.
The certification is expected to support the company’s financial performance, particularly starting in the second quarter of the 2025–26 financial year. Ola Electric will now be eligible for incentives between 13% and 18% of the determined sales value through 2028 under the PLI scheme.
A company spokesperson noted that the certification is expected to strengthen the cost structure and operating margins, supporting the company’s goal of achieving positive EBITDA in its vehicle business. At its annual event, Sankalp, Ola Electric unveiled a fresh lineup of electric two-wheelers aimed at strengthening its portfolio. The company introduced the S1 Pro Sport, which will be available in two battery options—5.2 kWh and 4 kWh—designed to cater to riders with varying range and performance needs.
Alongside, Ola launched the S1 Pro+ with a 5.2 kWh battery and the more powerful Roadster X+, equipped with a 9.1 kWh pack featuring the advanced 4680 Bharat Cell technology. With these additions, the company is looking to expand choices for consumers while showcasing advancements in locally developed battery innovation.
Introductory prices are set at ₹1,49,999, ₹1,69,999, and ₹1,89,999, respectively. Deliveries for the S1 Pro Sport are scheduled to begin in January 2026, while the other two models will begin deliveries during Navratri 2025.
Ola Electric is an electric vehicle manufacturer based in India, with operations spanning EV production, battery cell development, and related components. Its main manufacturing facility, the Ola Futurefactory, is located in Tamil Nadu and is supported by the Bengaluru-based Battery Innovation Centre. The company also maintains R&D teams in India, the United Kingdom, and the United States. Ola Electric sells directly to consumers through an online platform and a retail network of over 4,000 stores across the country.
