EV Batteries: Retired Packs Could Become a ₹1 Lakh Crore Resource for India
India’s growing electric-vehicle fleet could create a major secondary resource as older batteries reach the end of their first vehicle life. A new study estimates that retired EV batteries could contain recoverable minerals worth about ₹1.01 lakh crore by FY2040-41.
The potential value comes from materials contained in used battery packs that could be recovered through recycling and other second-life applications. As EV adoption expands, the volume of batteries reaching retirement is expected to increase, creating both an industrial challenge and an opportunity.
The study highlights the importance of building collection, recycling and processing capacity so valuable materials can remain within the supply chain. Battery reuse and mineral recovery could become increasingly important parts of India’s electric-mobility ecosystem.
Prashanth is the editor of PakkaFilmy. He covers Telangana and Andhra Pradesh politics, Telugu and Indian cinema, sports, technology and useful public-interest news in clear, simple English. Every story is checked against available official information before publishing, as set out in our Editorial Policy. Follow PakkaFilmy on X: https://x.com/pakkafilmy007 | Telegram: https://t.me/pakkafilmytelugu | Instagram: https://instagram.com/pakkafilmy_
