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Ola Electric Gets Government Notice for Missing Battery Plant Setup Target

Ola Electric received a letter from the federal government on Tuesday for missing a key milestone in the setup of its planned battery “gigafactory”. The Rs. 181 billion ($2.07 billion) scheme required companies to set up manufacturing facilities within two years.Ola Electric received a letter from the federal government on Tuesday for missing a key milestone in the setup of its planned battery “gigafactory”. The Rs. 181 billion ($2.07 billion) scheme required companies to set up manufacturing facilities within two years.

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