New Delhi, May 6 -- India and the European Union have launched a joint initiative worth 15.2 million euros (around Rs 169 crore) to develop advanced recycling technologies for electric vehicle (EV) batteries, as both sides look to strengthen critical mineral supply chains and support the transition towards a circular economy.

The initiative was launched under the India-EU Trade and Technology Council (TTC) Working Group 2 on Green and Clean Energy Technologies. According to a release by the Office of the Principal Scientific Adviser to the Government of India, the "third coordinated call for proposals focused on the Recycling of EV Batteries" was announced on May 5, with the submission deadline set for September 15, 2026.

The release sa...