EU And India Set to go for Green Innovation In Electric Vehicle Battery Recycling

EU And India Set to go for Green Innovation In Electric Vehicle Battery Recycling

The European Union and India collaborated to launch an Expression of Interest (EoI) aimed at startups specializing in Battery Recycling Technologies for Electric Vehicles (EVs). 

The initiative has been launched to strengthen collaboration between small and medium-sized enterprises (SMEs) and startups from Europe and India in the domain of clean and green technologies. Its primary aim is to facilitate knowledge exchange and expertise sharing under the umbrella of the India-EU Trade & Technology Council (TTC), which was announced in New Delhi on April 25, 2022. 

The aim is to promote the circularity of rare materials and facilitate the transition towards carbon neutrality in India and the EU.

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The EoI provides a platform for startups and SMEs from both India and the EU to showcase their innovative solutions in EV Battery Recycling Technologies. Twelve innovators, six from each region, will be selected for a pitching opportunity during a "Matchmaking Event" scheduled for June 2024.

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The key objectives of the event include identifying, supporting, and promoting startups/SMEs dedicated to advancing battery recycling technologies for EVs, as well as facilitating cooperation and exploring investment avenues for the selected startups/SMEs. 

Startups and SMEs from India and the EU interested in participating are invited to submit their Expressions of Interest (EoI) by April 30, 2024.

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