BharatGAIN Report - Urgent Policy Reforms Needed for India EV Battery Recycling by 2030
Oct 16, 2024
New Delhi [India], October 16: BharatGAIN, a Delhi-based research organization, released a comprehensive report on India's EV battery recycling landscape, titled "Assessing Gaps in India's Electric Vehicle Battery Recycling Ecosystem." The report reveals significant challenges that could hinder the development of a sustainable battery recycling framework in India, advising policymakers and industry stakeholders to take timely action to address and mitigate these gaps. As the future outlook forecasts steep growth in India's electric vehicle market, with a CAGR of 49% by 2030, the report highlights the necessity for a robust recycling ecosystem to manage the surge in spent lithium-ion batteries.