6, Sep 2024
Quote || World EV Day 2024
-Mr. Rajesh Gupta, Founder & Director, Recyclekaro
“As World EV Day approaches, it’s a call for us to rethink how we travel and how we can do our bit for the planet. In India, where our transportation sector plays a major role in carbon emissions, the shift to electric vehicles isn’t just about embracing new technology—it’s about making a conscious choice for a sustainable future. I am happy to see Government initiatives like public transport like buses moving towards EVs as well as incentives to boost the adoption of private EVs.
Electric Vehicles represent an opportunity for us to reduce our carbon footprint, but they also bring with them the chance to create jobs, drive innovation, and strengthen our economy. This transformation is essential if we want to leave behind a healthier planet for our future generations. At Recyclekaro, we understand that moving to electric mobility comes with its own set of responsibilities. It’s not just about driving cleaner vehicles, but also ensuring that the batteries and electronic components are recycled in a way that truly supports a greener future”.
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- By Rabindra
23, Jan 2024
Expectation from Union Budget 2024 for the EV Battery & Recycling Sector
Mr. Rajesh Gupta, Founder & Director, Recyclekaro
The upcoming budget holds a pivotal role in steering India towards a sustainable future by fostering the growth of battery recycling. The circular economy’s cornerstone, battery recycling, addresses mineral scarcity and reinforces our supply chains, paving the way for self-sufficiency in battery materials. While regulations like the Electronics Waste Management Rule and Batteries Management Rule have strengthened the recycling industry, persistent challenges call for solutions. To further empower this sector, streamlined recycling policies and incentives for pioneering waste management solutions are imperative.
The rapidly growing adoption of electric vehicles is a catalyst for the EV battery recycling industry. Initiatives such as FAME, PLI, and other incentives should be amplified to fuel this momentum. A tailored PLI scheme dedicated to lithium-ion battery recycling will be a game-changer, amplifying the sector’s growth while advancing India’s sustainability goals. As we approach the budget, investing in these strategic measures will not only invigorate the recycling industry but also cement India’s position as a global leader in sustainable practices.
