ilmscore | Prediction Details
By CA Rachana Phadke Ranade | July 31, 2024 | Correct
Interpreted Prediction
Predicted that Ola Electric will be a beneficiary of government Production Linked Incentive (PLI) schemes for the EV segment.
AI Evaluation Notes
The prediction stated that Ola Electric would be a beneficiary of government Production Linked Incentive (PLI) schemes for the EV segment. Multiple sources confirm that Ola Electric has indeed received incentives, specifically ₹73.7 crore, under the PLI Scheme for Automotive and Auto Components, making it the first two-wheeler EV manufacturer in India to do so. The company has also secured Compliance Certification for its Gen 3 scooter portfolio under the scheme.

Prediction Details

Target
Ola Electric will be a beneficiary of government PLI schemes
Predicted date
Future

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