India–EU Launch INR 169 Crore EV Battery Recycling Push

New Delhi, May 6 (BNP): India and the European Union have announced a joint initiative worth ₹169 crore aimed at accelerating the development of advanced technologies for recycling electric vehicle (EV) batteries.

The collaboration is designed to support sustainable mobility by improving the way used EV batteries are processed, recovered, and reused. The focus will be on developing innovative recycling methods that can help recover critical materials, reduce environmental waste, and strengthen the circular economy in the clean energy sector.

Officials noted that the partnership reflects a shared commitment between India and the EU to promote greener transportation solutions and reduce dependency on raw material extraction through more efficient resource recovery systems.

The initiative is expected to encourage research and innovation in battery recycling technologies while also supporting long-term environmental and economic sustainability goals in the EV ecosystem.