India and the European Union have announced a significant investment of ₹169 crore (approximately $20.4 million USD) to develop electric vehicle (EV) battery recycling technologies. This initiative, launched under the India-EU Trade and Technology Council (TTC), aims to enhance the recovery of critical raw materials such as lithium, cobalt, nickel, and graphite from used lithium-ion batteries. As the global adoption of electric mobility accelerates, both governments and automakers face challenges in securing long-term supplies of battery materials and managing the increasing volume of used batteries. This partnership will support joint research and innovation projects involving startups, industries, and academic institutions from both regions, with a focus on improving recycling efficiency. The collaboration is crucial for promoting a circular economy, where recycled materials can be reused in future battery manufacturing. As India's EV market continues to expand, particularly in the two-wheeler segment, the need for sustainable battery waste management and reduced reliance on imports becomes increasingly important. This initiative shifts the focus from merely launching new vehicles and building charging infrastructure to addressing the broader supply chain challenges of electric mobility.