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Monthly Brief — Electric Vehicles & Battery Manufacturing
Weekly Brief - Electric Vehicles, PLI Schemes & Circular Economy - 22nd September, 2026
Key policy actions highlight a EUR 60 million India-EU collaborative push for EV battery recycling and charging standards, structural manufacturing reviews under PM E-DRIVE and ACC PLI schemes, and expanded critical mineral recycling mandates.
Key Statistics
| 950-Fold Surge | EUR 60 Million | ₹1,900 Crore |
|---|---|---|
| EV growth trajectory: jumping from under 3,000 pre-2014 to nearly 2.5 million annual sales [gtz5cn]. | Joint India-EU four-year research allocation targeting EV battery recycling and waste-to-hydrogen [5hsif3]. | Coal India's designated investment by FY30 towards R&D projects, pilot recycling, and tech transformation [5fjgkz]. |
Weekly Executive Summary
- India-EU EV & Battery Partnership: Union Minister for Heavy Industries H.D. Kumaraswamy met with the European Parliament’s ITRE delegation to accelerate cooperation under PLI Auto, ACC batteries, and PM E-DRIVE frameworks [2l7imm].
- Critical Mineral & Battery Recycling Push: Union Minister G. Kishan Reddy emphasized robust recycling frameworks and circular economy integration at the National …
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