Ola Electric Granted Domestic Value Addition (DVA) Certificate under Government’s PLI Scheme

Ola Electric Granted Domestic Value Addition (DVA) Certificate under Government’s PLI Scheme

During the Auto PLI Conclave which was held at Pragati Maidan on Wednesday, Ola Electric became the first Indian two-wheeler company to obtain the Domestic Value Addition (DVA) certificate under the PLI scheme for the automobile and auto component industry. The EV maker has met the Ministry of Heavy Industries’ mandated local DVA criteria of a minimum 50 per cent. Also Read: Ola Electric Rolls Out Discounts On Its EVs On Account Of Harvest Festivals This certification was granted by The…
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Source: https://www.carandbike.com/news/ola-electric-granted-domestic-value-addition-dva-certificate-under-governments-pli-scheme-3211288?amp=1