India-EU launch ₹169 crore project to boost EV battery recycling capacity
India and the European Union have launched the ₹169 crore joint initiative to boost EV battery recycling capacity. This project will address the biggest challenges in the electric vehicle ecosystem. As the India’s EV market expands rapidly to build a strong recycling system is crucial for securing the raw materials, reducing the environmental risks and supporting the log term clean energy goals.
The collaboration has been launched under the India-EU Trade and Technology Council (TTC) and Working Group 2 is focusing on the green and clean technologies.
Key stakeholders involved includes the,
The initiative will highlights the growing strategic partnership between the India and the European Union and specially in clean energy and sustainable technologies.
As the Electric vehicles rely heavily on the lithium-ion batteries which contain the valuable and limited resources like lithium, cobalt and nickel.
Without the proper recycling systems these resources can become scarce in future and the high environmental pollution risks.
This initiative aims to ensure the resource security for future EV production, reduction in environmental impact and development of the circular economy where the materials are reused efficiently.
The program also focuses on innovation, research and the real-world implementation.
It includes the development of high efficiency processes to recover the critical materials from used batteries.
Also to make the safe and digital collection systems which improve how used batteries are collected, tracked and processed using the digital tools.
The pilot based demonstration projects will testing the innovative recycling solutions at a practical and industrial scale.
The major highlight of the initiative is the establishment of the joint pilot line in India.
This facility will enable the real-world testing of recycling technologies.
It also support the industrial scale deployment and will bring together researchers, startups and industries.
This step also ensures that innovation moves beyond the labs into practical applications.
The initiative will be funded by the EU’s Horizon Europe and India’s Ministry of Heavy Industries.
Additionally the both sides have launched the third coordinated call for proposals and invited the researchers and companies to contribute solutions in the EV battery recycling.
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