Ola Electric Roadster X+ 4.5-kWh earns PLI-Auto scheme certification
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Ola Electric's Roadster X+ 4.5-kWh just became the first motorcycle in Ola Electric's Roadster portfolio to earn PLI certification, meaning it now qualifies for government incentives under the PLI-Auto Scheme.
This move shows Ola's push for more locally made EVs and could help broaden access to electric motorcycles.
Ola cuts Roadster X+ 9.1-kWh price
To make things even better, Ola has dropped the price of its Roadster X+ 9.1-kWh model from ₹189,999 to ₹129,999 (in select windows).
The company says this milestone will help more people switch to electric rides, and investors seem happy too, with Ola's stock jumping 9% after the news.