Pavna Industries signs agreement with OLA Electric, shares rise

[ad_1] Pavna Industries Ltd’s shares were up by 4.99 per cent after the company announced an agreement with OLA Electric to supply ignition switches and latches for electric vehicles (EVs). This collaboration is the company’s entry into the two-wheeler EV...

M&M, Ola Electric, Tata Motors to get first mover advantage under PLI-Auto, FAME-II

[ad_1] Vehicles manufacturers including Mahindra & Mahindra (M&M), Ola Electric and Tata Motors will get the first mover advantage of benefits under two schemes – production-linked incentive (PLI) and Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India...