Ola Electric's Flagship Product, the S1 Pro Scooter, has received the DOmestic Value Addition (DVA) certification under the Production Linked Incentive (PLI) Scheme from the automobile and auto component industry. It is the second model from Ola to get the certification after S1 Air
The Certification means that the S1 Pro scooter has compiled with the minimum localisation criteria of 50% mandated by the Ministry of Heavy Industries. The certification was awarded after thorough evaluation ensuring compliance of localisation standards by ICAT
The company is poised to receive incentives under the Cell PLI scheme for a 5 year period following the commissioning of the Ola Gigafactory in Krishnagiri, Tamil Nadu
Expect the CNG motorcycle to be a commuter model, with relatively lower price and low running costs
What remains to be seen is how Bajaj has managed to package the motorcycle, the design and storage of CNG, and what all safety management systems have been icorporated to make the CNG motocycle safe for use
Get more details in our full story below: