According to the report, published in 2019 by the Federal Think Tank of Niti Aayog, India’s Electric Vehicle (EV) market share is growing much faster than it did a decade back.
The report revealed that India’s mobility market will make a significant transition into electric by 2030. As per the report, India’s electric vehicle market share by 2030 is expected to rise at,
-
70% for Commercial cars,
-
40% for Buses,
-
30% for Private cars
-
80% for 2 & 3-wheelers.
The most obvious market to follow EV mobility is the Recycling Market for Electric Vehicle Batteries. According to Market Research Future's (MRFR) recent analysis, the worldwide EV battery recycling market is expected to reach 3 US billion Dollars towards the end of 2025, with an expected CAGR of 19%.
Automobile Manufacturers, such as MG Motor based in India, have recently announced their partnership with one of India’s largest e-waste recycling companies, for recycling used-up batteries of electric vehicles.
MG Motor India stated in a statement that the alliance will focus on reusing and recycling the Li-ion batteries used in the automaker's ZS electric vehicles once they reach the end of their useful lives. The partnership hints at how Automobile industries are looking into strengthening the EV sector.
The battery recycling market is certainly anticipated to be a profitable industry owing to the rising numbers of electric vehicles on roads. The limited battery life will likely lead to an upturn in recycling investment.
India's automobile sector is the world's fifth-largest, with plans to become the third-largest by 2030. Reliance on traditional modes of fuel-intensive mobility to cater to a large domestic market would not be sustainable. To solve this, federal authorities are designing a “Shared, Connected, and Electric” mobility alternative, with an ambitious goal of achieving 100 percent electrification by 2030.
2,398 comments
Glucotrust
Really useful content, I appreciate how well you’ve explained everything. It’s easy to read and packed with value.
Glucotrust Reviews
I must say this content is very well put together. It was easy to understand and full of valuable details.
bk8ibeer
This blog was… how do you say it? Relevant!! Finally I’ve found something that helped me. Thanks a lot.
daycare Fort Worth TX 76118
I was pretty pleased to find this site. I need to to thank you for ones time for this particularly wonderful read!! I definitely enjoyed every little bit of it and I have you saved as a favorite to see new things on your site.
Brain Savior
This article is very insightful and gave me a better understanding of the subject. I appreciate the way you simplified complex points.
Brain Savior Official Website
This article provided some great insights that I hadn’t considered before. I appreciate how practical and helpful it is.
Brain Savior
I enjoyed reading this post from start to finish, it kept me engaged. The clarity of your writing really stands out.
Brain Savior
Great explanation, I liked the way you presented all the details. This post really helped me gain a better perspective.
preschool Fort Worth TX 76118
You’ve made some good points there. I looked on the internet for more info about the issue and found most people will go along with your views on this site.
infant daycare near Fort Worth
Everything is very open with a clear clarification of the issues. It was definitely informative. Your website is useful. Thank you for sharing.
Cognicare Pro
This article has been very beneficial, I got so many takeaways from it. The explanations were clear and precise.
Cognicare Pro
This was an excellent post with a lot of useful information. You did a great job keeping it clear and practical.
สมัครเล่นเกมสล็อตออนไลน์
An outstanding share! I have just forwarded this onto a colleague who was conducting a little research on this. And he actually bought me dinner simply because I discovered it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanx for spending time to discuss this topic here on your blog.
โปรโมชั่นเด็ด
I’m impressed, I must say. Rarely do I come across a blog that’s equally educative and entertaining, and let me tell you, you have hit the nail on the head. The issue is something that too few folks are speaking intelligently about. Now i’m very happy I stumbled across this in my hunt for something concerning this.
Gold Align
I enjoyed reading this post from start to finish, it kept me engaged. The clarity of your writing really stands out.
Gold Align Reviews
Such a helpful post, it gave me a lot of useful insights. I’ll definitely keep this in mind for future reference.
evans ga
Everything is very open with a precise description of the challenges. It was really informative. Your website is very useful. Many thanks for sharing!
Gold Align
Very informative and helpful guide, it provided great insights. Thanks for putting together something so detailed and clear.
Gold Align Official Website
Great work on this article, it’s very well explained and detailed. I enjoyed reading and learning from it thoroughly.
evans ga
An outstanding share! I have just forwarded this onto a colleague who had been doing a little research on this. And he in fact bought me lunch due to the fact that I stumbled upon it for him… lol. So let me reword this…. Thank YOU for the meal!! But yeah, thanks for spending time to discuss this issue here on your website.
hitclub
Thanks for another great post. Where else may anybody get that type of info in such an ideal way of writing? I have a presentation next week, and I’m at the search for such information.
Ringzen6 Reviews
Very detailed explanation, it made the subject much easier to grasp. I enjoyed reading the whole article carefully.
Ringzen6 Reviews
I really liked the way you presented the information here. It’s simple, clear, and very easy to understand.
Ringzen6 Reviews
Very informative and helpful guide, it provided great insights. Thanks for putting together something so detailed and clear.
Ringzen6 Supplement
I enjoyed going through this article, it had very clear explanations. I’ll be sure to revisit for more useful posts.
tiktok video download
I like it when people come together and share ideas. Great website, continue the good work.
tiktok video download
Spot on with this write-up, I absolutely believe this web site needs much more attention. I’ll probably be back again to read through more, thanks for the info.
Prostabliss
Very informative write-up, I enjoyed going through it carefully. You made everything sound so simple and logical.
Prostabliss
Great post, it gave me exactly the knowledge I was looking for. I’ll be sharing this with others who need it.
Prostabliss
Great job, I really enjoyed the flow of this article. You’ve done an excellent job simplifying a complex subject.
Glucoberry
Very engaging content, it was both enjoyable and informative. You managed to make the subject very easy to grasp.
Glucoberry Supplement
Excellent writing, I enjoyed how engaging this article was. It really motivated me to keep reading until the end.
Glucoberry
Very helpful article, I appreciate how well explained everything was. It gave me a clear picture of the subject.
Glucoberry Supplement
Great explanation, you made the topic easy to understand and very practical. I appreciate the time and effort you put into this.
meilleur casino en ligne Québec
I couldn’t refrain from commenting. Exceptionally well written.
Guided Chakra Meditation
It’s nearly impossible to find knowledgeable people in this particular topic, but you sound like you know what you’re talking about! Thanks
dominobet
I couldn’t refrain from commenting. Very well written.
dominobet
Excellent post. I definitely love this site. Continue the good work!
win456
You have made some really good points there. I looked on the internet to find out more about the issue and found most people will go along with your views on this web site.
hitclub
Greetings, I do think your blog may be having internet browser compatibility problems. Whenever I look at your site in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping issues. I just wanted to provide you with a quick heads up! Other than that, wonderful site.
Good88
https://good88bet.cn.com/da-ga-good88/Mượt mà từng thao tác, hoàn hảo từng khung hình — đỉnh cao giải trí.
Free Classifieds Xpdea
If you are looking to post free classifieds in India online, we highly recommend Xpdea Classifieds. Xpdea is India’s leading free online ads posting site.
Usbet
Your style is unique compared to other people I’ve read stuff from. Thanks for posting when you have the opportunity, Guess I’ll just bookmark this web site.
buy youtube likes comments and views
Hello there I am so delighted I found your weblog, I really found you by mistake, while I was searching on Google for something else, Anyhow I am here now and would just like to say cheers for a remarkable post and a all round exciting blog (I also love the theme/design), I don’t have time to browse it all at the moment but I have book-marked it and also included your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up the superb work.
Xibet
I like it when people get together and share ideas. Great blog, keep it up.
Free Classifieds Xpdea
If you are looking to post free classifieds in India online, we highly recommend Xpdea Classifieds. Xpdea is India’s leading free online ads posting site.
Free Classifieds Xpdea
If you are looking to post free classifieds in India online, we highly recommend Xpdea Classifieds. Xpdea is India’s leading free online ads posting site.
great post to read
It’s nearly impossible to find well-informed people about this topic, however, you seem like you know what you’re talking about! Thanks
Kuwin
https://kuwinone.com/huong-dan-kuwin/Điều khiển trực quan — truy cập nhanh, điều khiển tiện lợi.
Toto12
Excellent web site you have here.. It’s difficult to find high quality writing like yours these days. I really appreciate people like you! Take care!!