More

    EU-India to Promote Start-Up Collaboration on Recycling of E-Vehicles Batteries

    CSRGreen businessEU-India to Promote Start-Up Collaboration on Recycling of E-Vehicles...
    - Advertisment -

    EU-India to Promote Start-Up Collaboration on Recycling of E-Vehicles Batteries

    Twelve innovators will be selected and get a pitching opportunity during the Matchmaking Event, scheduled for June 2024. Six finalists will be selected following their pitching presentations and awarded the possibility to visit India and the EU, respectively.

    The European Union (EU) and India on Tuesday launched an Expression of Interest (EoI) for startups working in Battery Recycling Technologies for Electric Vehicles (EVs) for a matchmaking event. The matchmaking aims to enhance the cooperation between European and Indian Small and Medium-sized Enterprises (SMEs) and startups in the clean and green technologies sector.

    The intended exchange of knowledge and expertise will be instrumental in advancing the circularity of rare materials and transitioning towards carbon neutrality in both India and the EU. This initiative takes place under the India-EU Trade and Technology Council (TTC), announced by India and the European Commission in New Delhi on 25th April 2022.

    This event is also part of a broader effort to promote a sustainable agenda, foster innovation, and forge stronger economic relations between the European Union and India.

    The EoI for the Matchmaking Event launched today, provides a platform for Indian and EU startups/SMEs in the field of EV Battery Recycling Technologies to pitch their innovative solutions and engage with Indian/European venture capitalists and solution adopters. Twelve innovators, six each from India and the EU will be selected and get a pitching opportunity during the Matchmaking Event, scheduled for June 2024. Six finalists (three from the EU and three from India) will be selected following their pitching presentations and awarded the possibility to visit India and the EU, respectively.

    - Advertisement -

    The key highlights of the event are: (i) to identify, support, and promote startups/SMEs dedicated to advancing the field of battery recycling technologies for EV; and (ii) to facilitate cooperation, explore potential trade avenues, deepen customer relations and to explore investment avenues for the shortlisted startups/SMEs.

    The Matchmaking Event under India-EU TTC Working Group 2 offers Indian startups/SMEs an exclusive platform to demonstrate their expertise in battery recycling technologies. It provides a chance for Indian innovators to establish strategic alliances with their counterparts in the EU, accelerating the development of advanced battery recycling techniques focused on waste minimization and resource sustainability.

    “Our objective is to harmonize efforts with EU innovators to jointly develop battery recycling solutions that drive industry expansion. We are dedicated to fostering a collaborative environment where sustainability and innovation form the cornerstone of a flourishing circular economy”, said Professor Ajay Kumar Sood, Principal Scientific Adviser to the Government of India.

    Mr. Marc Lemaître, Director-General for Research and Innovation at the European Commission emphasized the need for collaboration dedicated to the EV Battery Recycling industry and said, “The match-making event is a step-ahead to unlock innovative possibilities leading to a green and circular economy. We encourage innovators from the EU to seize this opportunity and explore potential collaborations with their Indian counterparts.”

    - Advertisement -

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest news

    India- Bangladesh Meet to Build Capacities of Civil Servants

    The National Centre of Good Governance has successfully conducted 71 Capacity Building Programs for 2660 Bangladesh Civil Service Officers from 2014...

    UN Rights Office Urges Sri Lanka to Reveal Fate of the Disappeared

    The report outlined the extensive psychological, social and economic impact on the families, particularly on women who often become...

    Are Government Schemes Meaningful in the Absence of Land Rights?

    It is evident that the effects of the project are not uniformly distributed, as certain villages experience benefits while...

    Sub-Committee for GRAP Directs Agencies to Take Dust Abatement Measures

    The sub-committee for GRAP has undertaken a comprehensive review of the air quality scenario in the National Capital Region...
    - Advertisement -

    Educating the Mind Without Educating the Heart is No Education at All

    By Yasmine Sherif The words above, by the ancient Greek philosopher Aristotle, serve as a reminder that we still have...

    Poultry Industry Leaders Unite Over Industry Principles to Reduce the Need to Use Antimicrobials

    Collectively, these organizations reach over 100 countries and represent over 40 per cent of global poultry meat production spanning...

    Must read

    India- Bangladesh Meet to Build Capacities of Civil Servants

    The National Centre of Good Governance has successfully conducted 71 Capacity...

    UN Rights Office Urges Sri Lanka to Reveal Fate of the Disappeared

    The report outlined the extensive psychological, social and economic...
    - Advertisement -

    More from the sectionRELATED
    Recommended to you