IPO-Bound Ola Electric Becomes First Indian EV Company To Get PLI Nod
IPO-bound Ola Electric has become the first Indian e2W (electric two-wheeler) company to become eligible for the government’s production-linked incentive (PLI) scheme. The Ministry of Heavy Industries (MHI) has given its approval after a four-month-long process. While there has been…
MG Motor India Achieves 18% Growth In 2023 Retail Sales
MG Motor India has reported 18 per cent growth in total retail sales for the year 2023, reaching an impressive 56,902 units compared to the previous year. The company’s performance in December 2023 alone saw retail sales of 4,400 units,…
