India-EU Launch ₹169 Crore Project for EV Battery Recycling

Overview

India and the European Union have launched a ₹169 crore joint initiative to strengthen electric vehicle battery recycling capacity.

The project aims to improve the recycling ecosystem for electric vehicle batteries by increasing raw material recovery, reducing environmental risks, and supporting long-term clean energy goals.

The initiative comes at a time when India’s electric vehicle market is growing rapidly and demand for battery materials is increasing across the world.

Why EV Battery Recycling Is Important

Growing EV Market Needs Strong Recycling

India’s electric vehicle market is growing very fast.

Electric vehicles use lithium-ion batteries. These batteries contain valuable materials such as:

• Lithium

• Cobalt

• Nickel

These materials are limited in nature.

If batteries are not recycled properly:

• Resources may become scarce

• Pollution may increase

• Waste may grow rapidly

A strong recycling system can solve these problems.

India-EU Partnership

Cooperation Under Trade and Technology Council

The project was launched under the India-EU Trade and Technology Council.

The work is being done under Working Group 2, which focuses on green and clean technologies.

Important people linked with the initiative include:

• Ajay Kumar Sood

• Hervé Delphin

The partnership shows growing cooperation between India and the European Union in clean technology and sustainable development.

Main Goals of the Project

Building a Circular Economy

The project aims to create a circular economy.

A circular economy means:

• Reusing materials again and again

• Reducing waste

• Saving natural resources

The initiative will help:

• Secure raw materials for future EV production

• Reduce dependence on imports

• Lower environmental damage

• Promote sustainable industry

Key Features of the Initiative