India is one of the fastest-growing EV markets in the world.
The collective capacity of lithium-ion batteries in India is projected to reach approximately 600 GWh by 2030.
Discarded EV batteries can pose a serious environmental hazard if not disposed of properly.
They can also contain valuable metals such as lithium, cobalt, and nickel, which can be recycled and reused to produce new batteries.
India has an opportunity to develop a green energy industry by recycling EV batteries and using the recycled materials to produce new batteries.
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