India and European Union (EU) have launched an initiative for Electric Vehicle startups.
In order to facilitate matchmaking event, the EU and India released an Expression of Interest (EoI).
This EoI is for startups working in Battery Recycling Technologies for Electric Vehicles (EVs).
The purpose of the matchmaking is to strengthen the collaboration between European and Indian clean and green technologies sector Small and Medium-sized Enterprises (SMEs) and startups.
This initiative is part of the India-EU Trade & Technology Council (TTC).
India-EU Trade & Technology Council (TTC) was announced by India and the European Commission on 25th April 2022 in New Delhi.
Twelve innovators will be chosen. Six will be from the EU and six will be from India.
They will be given the chance to pitch during the June 2024 Matchmaking Event.
After their pitching presentations, six finalists will be chosen. Three will be from the India and three will be from EU.
They will be given the opportunity to tour the EU and India, respectively.