EU and India Join Hands To Advance EV Battery Recycling Technologies By CIOTechOutlook Team

EU and India Join Hands To Advance EV Battery Recycling Technologies

CIOTechOutlook Team | Wednesday, 10 April 2024, 08:54 IST

The European Association (EU) and India have collaborated to advance cooperation among new businesses dealing with Battery Recycling Technologies for Electric Vehicles (EVs) through a matchmaking occasion.

As per a public statement, introduced under the India-EU Trade and Technology Council (TTC), this drive means to upgrade collaboration among European and Indian Small and Medium-sized Enterprises and new businesses in the spotless innovation area. Declared by Prime Minister Narendra Modi and President of the European Commission Ursula von der Leyen in April 2022, the India-EU TTC tries to cultivate development and produce more grounded financial relations.

The matchmaking occasion gives a stage to Indian and EU new businesses in EV Battery Recycling Technologies to pitch their innovative solutions and draw in financial speculators and arrangement adopters. Twelve new companies, six from every locale, will be chosen to try out their thoughts during the matchmaking occasion, which is booked for June 2024. Following the introductions, six finalists, three from the EU and three from India, will be granted the chance to visit India and the EU separately.

The occasion plans to distinguish, support, and elevate new businesses committed to propelling battery-reusing advancements for EVs. It looks to work with participation, potential exchange roads, customer relations, and venture roads for the shortlisted new businesses.

The matchmaking occasion, coordinated under the India-EU TTC Working Gathering 2, offers new Indian businesses and SMEs a stage to show their mastery in battery-reusing advances. It gives an open door to Indian trend-setters to establish essential collaborations with their EU partners, speeding up the improvement of cutting-edge battery reusing methods centered on reducing waste and asset supportability.