BusinessIndia's Retired EV Batteries Could Be ₹1 Lakh Crore Goldmine by 2041
A study by the Centre for Social and Economic Progress (CSEP) estimates that retired electric vehicle (EV) batteries, now considered hazardous waste, could contain minerals worth ₹1.01 lakh crore in India by FY2040-41. The paper highlights the potential for battery recycling, urging early investment to build circularity in the EV sector. India could recover about 573 kilotonnes of minerals from EV batteries between FY2026-27 and FY2040-41.
HT Business·1d ago



