New Delhi, May 6 -- India and the European Union (EU) have launched a third coordinated call for proposals on recycling electric vehicle (EV) batteries.
Announced on Tuesday under the India EU Trade and Technology Council (TTC) framework, Working Group 2 on Green and Clean Energy Technologies, the initiative aims to strengthen resource security, promote a circular economy, advance clean energy technologies, and deepen cooperation between India and the European Union in the strategic EV value chain.
Funding and Implementation
The initiative has a total funding pool of EUR 15.2 million (around Rs 169 crore). It will be financed through the EUs Horizon Europe programme, while the Indian component will be supported by the Ministry of Hea...