Perspectives of Domestic and International Companies on Advanced Chemistry Cells Battery Reuse and Recycling

Summary

India faces a challenge in securing critical minerals for the rapidly increasing demand for advanced chemistry battery cells, particularly for electric vehicles and renewable energy storage, necessitating robust recycling and reuse solutions. This NITI Aayog study, supported by the Green Growth Equity Fund Technical Cooperation Facility, investigates the viewpoints of both Indian and international battery recyclers. It aims to understand market dynamics, technology requirements, and investment hurdles to facilitate the establishment of advanced battery recycling facilities in India. The initiative is currently in progress, with this report serving as a crucial analysis to guide future actions in developing a circular economy for battery components.

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