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India and EU team up to recycle EV batteries with 15 2 million euro initiative
Business
Published on 6 May 2026
A small funding pool targets the biggest bottleneck in EV supply
India and the European Union have launched a joint initiative to recycle electric vehicle batteries, aiming to secure raw materials and accelerate a circular economy. The effort comes with a 15.2 million euro funding pool for advanced recycling technologies and pilot projects in India, bringing together researchers, industry and startups to develop scalable solutions.
- India and the EU launched a battery recycling push for EVs
- 15.2 million euro will fund advanced recycling tech and pilots
- Project focuses on raw material security and circular economy goals
- Researchers, industries and startups will co-develop innovations
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times