Can you share some source of those ‘indications’? Two Ola models recently got certified under PLI, and there are talks of FAME-III being launched within two months.
Also, it’s yet to get any benefit of this PLI I guess, so the numbers are not including this. It’s not much difficult to guess the reason, for Ola already some ‘economies of scale’ is playing out, also that it manufactures most of the parts that go in an EV in house.
For Ather, things are not as streamlined as Ola as of now.
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