Ola Electric has announced that it has received another milestone for its flagship product, the S1 Pro, receiving the Domestic Value Addition (DVA) certification under the Production Linked Incentive (PLI) Scheme for the automobile and auto component industry.
The S1 Pro scooter has successfully met the minimum localisation criteria of 50%, as mandated by the Ministry of Heavy Industries.
With this, Ola Electric now becomes the first two-wheeler manufacturer and pure-play EV manufacturer to receive the DVA certification (PLI certificate) for one or more products. The company had earlier received the DVA certificate for S1 Air at the Auto PLI Conclave organised in January 2024.
