ELV Credit Project
Sector: Waste Processing and Treatment • Location: New Delhi, Delhi, India
Source: Autocar Professional
The ELV Credit Project is an initiative by Meta Materials Circular Markets (MMCM) that converts data from end-of-life vehicle recycling into blockchain-verified carbon credits. The project rewards registered vehicle scrapping facilities for their participation by providing financial incentives derived from monetized verified environmental data. It aims to promote formal vehicle recycling and contr
- Status
- Pilot phase launched
- Sector
- Waste Processing and Treatment, Automotive
- Location
- New Delhi, Delhi, India
- Updated
- 22 Jul 2026
- Source
- Autocar Professional
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Project Information
Participants
| Not available for this record. |
Status
Original status | pilot phase launched |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The ELV Credit Project is an initiative by Meta Materials Circular Markets (MMCM) that converts data from end-of-life vehicle recycling into blockchain-verified carbon credits. The project rewards registered vehicle scrapping facilities for their participation by providing financial incentives derived from monetized verified environmental data. It aims to promote formal vehicle recycling and contribute to India's circular and low-carbon economy. |
Original sector | Automotive Waste Management |
Location
Country | India |
State | Delhi |
City | New Delhi |
Source
Source | Autocar Professional |
URL |
More Details
Record type | Project |
Sector | Waste Processing and Treatment, Automotive |
Article published date | 2025-05-24 |
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