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- It took place under India-EU Trade and Technology Council (TTC), first announced by European Commission and India in 2022.
- Established in 2023, TTC is a key forum to deepen strategic partnership on trade and technology.
- India, EU initiative for EV start-ups aims to enhance cooperation between European and Indian Small and Medium-sized Enterprises (SMEs) and start-ups in clean and green technologies sector.
- Significance of EV Battery recycling
- Recover non-renewable materials such as lithium, nickel, zinc etc.
- Environmental protection through waste minimization.
- Reduces cost of new batteries by promoting circular economy.
- Achieving recovery targets of 90% by 2026-27 under Battery Waste Management Rules, 2022 etc.
- Battery recycling in India is expected to reach $300 billion during 2017–2030.
- Challenges in EV Battery recycling
- Lack of battery disposal and recycling programme run by authorised agencies.
- Around 90% of India’s used batteries are either processed by unorganised sector or end up in landfills.
- Lack of Standardised processes and infrastructure.
- Complexity of Battery chemistry and flammability pose safety concerns.
- High recycling cost impacts economic viability of recycling unit.
- Lack of battery disposal and recycling programme run by authorised agencies.
India’s Efforts
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