Ola Electric has reached a significant milestone in the electric motorcycle segment, securing Production Linked Incentive (PLI) certification for its Roadster X+ 4.5 kWh model. Issued by the Global Automotive Research Centre (GARC), this certification marks the first motorcycle in the Roadster lineup to meet the scheme’s rigorous eligibility requirements.
Key Highlights of the Certification
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Domestic Value Addition (DVA): The certification confirms that the Roadster X+ 4.5 kWh complies with the government’s minimum DVA requirements, ensuring a high level of localization.
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Incentive Eligibility: Ola is now eligible for financial incentives under the PLI-Auto Scheme for every unit of this specific model produced.
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Portfolio First: This is the first motorcycle in the Roadster portfolio to receive this clearance, following in the footsteps of the company’s S1 scooter series.
Strategic Impact & Manufacturing
The certification highlights Ola’s focus on vertical integration and the development of a local EV ecosystem. A major driver of these efficiencies is the 4680 Bharat Cell, which is being produced at the company’s Gigafactory.
“This milestone further strengthens our ability to scale sustainably while continuing to deliver high-performance, technology-led EVs at compelling price points.” — Ola Electric Spokesperson
Market Context & Pricing
The news arrives amidst a surge in the Indian EV market, which saw record sales in FY26. To capitalize on this momentum and improved cost efficiencies, Ola recently slashed the price of its higher-end Roadster X+ 9.1 kWh model:
| Model | Old Price | New Price | Reduction |
| Roadster X+ 9.1 kWh | ₹1,89,999 | ₹1,29,999 | ₹60,000 |
Stock Performance Overview
Reflecting positive sentiment from the March sales update and recent certifications, Ola Electric’s stock (NSE/BSE) has shown strong momentum:
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Current Price: ₹28.34
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5-Day Change: +24.19% (up ₹5.52)
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5-Day High: ₹28.62
