Ola Electric's Roadster X+ 4.5 kWh Receives PLI Certification, Boosting EV Expansion

Original: Ola Electric secures PLI certification for Roadster X+ 4.5 kWh

News 18•Apr 3, 20262 min

In a Nutshell

Ola Electric has secured Production Linked Incentive (PLI) certification for its Roadster X+ 4.5 kWh electric motorcycle, marking a key milestone in its electric vehicle expansion. This certification enables the model to qualify for incentives under the PLI-Auto Scheme, reinforcing Ola's commitment to local manufacturing and technology.

Key Points

01Ola Electric's Roadster X+ 4.5 kWh is the first in its portfolio to receive PLI certification.
02The certification confirms compliance with Domestic Value Addition (DVA) requirements.
03Ola aims to make electric motorcycles more accessible to a wider customer base.
04The company recently reduced the price of the Roadster X+ 9.1 kWh model significantly.
05Ola Electric is focused on deep localisation and vertical integration in its manufacturing processes.

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Full Summary

Ola Electric, based in New Delhi, has announced that its electric motorcycle, the Roadster X+ 4.5 kWh, has received the Certification for Compliance under the Production Linked Incentive (PLI) scheme for the automobile sector. This certification, issued by the Global Automotive Research Centre (GARC), marks a significant achievement as it is the first model in the Roadster series to achieve PLI certification, confirming its compliance with Domestic Value Addition (DVA) standards. This milestone is expected to enhance Ola Electric's ability to scale sustainably while offering high-performance electric vehicles (EVs) at competitive prices. The company is also focused on advancing indigenous EV technology and deep localisation in its manufacturing processes. Recently, Ola Electric announced a price reduction for its Roadster X+ 9.1 kWh, now priced at ₹1,29,999 (approximately $1,560 USD), down from ₹1,89,999 (approximately $2,270 USD), due to improved cost efficiencies from its Gigafactory operations.

Key Figures

₹1,29,999

New price of the Roadster X+ 9.1 kWh after reduction

₹1,89,999

Previous price of the Roadster X+ 9.1 kWh before reduction

4.5 kWh

Battery capacity of the Roadster X+ model

11 kW

Power output of the Roadster X+ 4.5 kWh

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Why It Matters

The PLI certification and price reduction may encourage more consumers to consider electric motorcycles, contributing to a shift towards sustainable transportation in India.

Who is affected

Potential electric motorcycle buyers and the broader automotive manufacturing sector in India.

What to know

Consumers interested in electric motorcycles should consider the new pricing and availability of the Roadster models.

FAQ

The PLI certification confirms that the Roadster X+ 4.5 kWh meets Domestic Value Addition requirements, making it eligible for government incentives and reinforcing Ola's commitment to local manufacturing.

The price reduction is attributed to economies of scale achieved at Ola's Gigafactory and improved cost efficiencies from local production of battery cells.

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