EU and Indian Start-ups pitched for Enhanced Cooperation in EV battery Recycling Technologies

The European Union-India Trade and Technology Council (TTC) Working Group 2 recently organized a start-up matchmaking event featuring twelve high-impact solution providers in battery recycling technologies for electric vehicles. Following a call for expressions of interest, an independent committee of experts from both sides shortlisted these twelve start-ups through a rigorous selection process based on scientific merit, market readiness, and cooperation prospects. This initiative aligns with the EU and India’s commitment to promoting a sustainable agenda, fostering innovation, and strengthening economic relations between the European Union and India.

The matchmaking event offered start-ups and SMEs an exclusive platform to pitch their innovative battery recycling technologies, spanning the entire value chain from collection to valuable mineral extraction. Participants included Indian start-ups such as Lohum, LW3 Pvt Ltd., BatX Energies, Evergreen Lithium Recycling Pvt Ltd., Metastable Materials Pvt Ltd., and CENALL Waste Management LLP, alongside EU member state start-ups Alterity, Ecomet Refining, Eneris, Primobius, RockTech, and Tozero. 

“This Matchmaking event today brings together the best talents and technologies in the battery recycling space on both the sides, giving them an exclusive platform for exchange, networking and prospective investments. We believe that the exchange trip, awarded to three Indian and three EU start-ups, to visit EV battery recycling facilities on either side would be highly beneficial. It will enhance their insights and access to the EV landscape and ecosystems in both regions” said Professor Ajay Kumar Sood, Principal Scientific Adviser to the Government of India.

Marc Lemaitre, Director-General for Research and Innovation at the European Commission, emphasised the importance of an innovation led EU India partnership. “Every step towards advanced battery recycling is a significant carbon-win for our environment. This matchmaking event is such a step by bringing together innovative startups from both regions that want to scale up green solutions under the umbrella of the EU-India Trade and Technology Council”.

As the next step, three start-ups each from the EU and India will be selected for a week-long market immersion experience in the other region. During their visit, the chosen companies will engage directly with interested stakeholders, explore potential collaborations, and gain insights into the local market landscape. This visit offers opportunities to establish pilot projects, commercial ventures, and co-development initiatives.