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Micelio releases Evolving Ecosystem report at its Global Clean Mobility Summit 2024

  • Micelio released a report addressing India's battery ecosystems at its Global Clean Mobility Summit.
  • India's current EV penetration is 6.8% and is expected to reach 30% by 2030.
  • The report highlights challenges such as import dependency for lithium and cobalt, quality issues in batteries, and low recycling rates.
  • Suggestions include forming stable partnerships for sourcing raw materials, developing a battery grading framework, and implementing a Battery Traceability System.

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