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7 May 2026 AGREEMENTS

India and the European Union (EU) have launched a joint initiative to improve Electric Vehicle (EV) battery recycling under the India-EU Trade and Technology Council (TTC) - Working Group 2 on Green and Clean Energy Technologies.

The project involves a third coordinated call for proposals to secure critical raw materials and accelerate the global transition to a circular economy. The initiative has a combined funding pool of €15.2 million (₹169 crore). The component of the EU is funded through the Horizon Europe programme, while the part of India is supported by the Ministry of Heavy Industries (MHI).

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