Reliance, Ola Electric, others to get incentives in battery scheme: Report
Reliance Industries and Softbank Group-backed Ola Electric will receive incentives under India’s $2.4 billion programme to boost local battery cell production after winning a tender, four sources told Reuters.
The winning bidders also include Hyundai Global Motors Company and Indian jewellery maker Rajesh Exports, the sources said on condition of anonymity.
