.Costs Vikram Handa, Dealing With Supervisor, Epsilon Advanced Materials3 min went through Last Improved: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based producer of graphite anodes (and quickly cathodes), which are actually vital components in power vehicle (EV) batteries, is actually driving the Indian government to arrange an Essential Raw Products Act with the United States. This will guarantee that electric battery components transported from India to the United States follow the United States Inflation Decline Action (INDIVIDUAL RETIREMENT ACCOUNT).The individual retirement account offers several motivations to speed up EV adopting in the auto industry. If signed, the deal could possibly install India as a crucial center for worldwide battery material exports.Vikram Handa, managing supervisor of Epsilon, points out that under the IRA, anFirst Posted: Aug 07 2024|11:20 PM IST.