Call for Applications: EU & India Electric Vehicle Battery Recycling Technologies Exchange 2024
09 April 2024
BEPA is supporting the mobilisation of the European battery recycling community to participate in the call of expression of interest for a matchmaking event on electric vehicle battery recycling technologies organised by the EU-India Trade and Technology Council (TTC).
About
The Delegation of the European Union to India in cooperation with The Office of the Principal Scientific Adviser to the Government of India is pleased to invite an Expression of Interest (EOI) for start-ups and SMEs operating in the EU in the domain of Electric Vehicle Battery Recycling Technologies. This is an invitation for innovative ventures from the EU to pitch at a matchmaking event organised under the umbrella of the EU-India Trade and Technology Council (TTC).
The Electric Vehicle Battery Recycling Technologies Exchange 2024 aims at speeding up finding solutions to the area of recycling of batteries for Electric Vehicles by involving start-ups and SMEs.
The winners can look forward to an exploration trip to India. The applicant must be a legal entity established in a European Union Member State.
This call for start-ups is matched by a parallel initiative organised by the Principal Scientific Adviser office, Government of India, scouting and selecting start-ups from India to meet at a joint matchmaking event with companies and investors interested in the battery recycling sector.
Deadline and Application
Interested star-tups/SMEs are invited to submit their expressions of interest (EoI) by 13 May 2024, 19:30 CET.
European applicants can apply through this link: HERE
Read more on the official website of the Delegation of the European Union to India and Bhutan: HERE
Benefit of the Programme
- Validation of your solution for application in the Indian market
- Opportunity to pitch to stakeholders from the Battery Recycling Ecosystem in India
- Matchmaking with solution adopters, influencers, policymakers, and potential clients in the Battery Recycling Ecosystem in India (in total six start-ups will be selected for the matchmaking event).
- From the six start-ups, three start-ups will be selected to visit Electric vehicle battery recycling facilities and meet with stakeholders in India and receive financial support for that trip (travel and subsistence) as a reward.
- Access and insight into the broader EV landscape of India
Eligibility
- A legal entity established in a European Union Member State
Selection Criteria
Applications open on 9 April 2024 and will close on 13 May 2024, 19:30 CET , will be evaluated qualitatively using the following selection criteria:
- Activities in the targeted sector of recycling of batteries for Electrical Vehicles
- Advanced-stage deep technology start-up (TRL, IRL, Structured Sales)
- Demonstrated interest and capacity to enter the Indian market and collaborate with Indian stakeholders (Relevance of Technology, Relevance to India and global competitiveness)
For queries, contact info@ttceuindiapilot.eu
Background
India’s EV battery recycling market is expected to expand to 128 GWh by 2030 from a mere 2 GWh in 2023, which is a 6400% increase. Modern batteries are a complex mix of materials and will require specialist policies and infrastructure for India to fully realize its recycling targets. Between 2022 and 2030, electric vehicle batteries are expected to majorly contribute to the recycling market, with 75% of the overall recycling market led by public transport.
The Government of India has issued draft guidelines on battery waste handling to curb the inappropriate handling and treatment of LIBs. These guidelines propose to mandate extended producer responsibility (EPR), forcing producers to take responsibility for the handling and treatment (collection, storage, transport, recycling, and disposal) of used batteries. The government also proposes some financial incentives to promote investments in LiB recycling
