.Premium Vikram Handa, Managing Supervisor, Epsilon Advanced Materials3 min checked out Last Updated: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based manufacturer of graphite anodes (and soon cathodes), which are actually critical elements in power motor vehicle (EV) electric batteries, is actually driving the Indian federal government to bargain an Important Raw Materials Act with the US. This will make certain that battery materials exported coming from India to the United States adhere to the United States Inflation Decline Process (INDIVIDUAL RETIREMENT ACCOUNT).The individual retirement account supplies numerous rewards to accelerate EV fostering in the automotive market. If signed, the deal can install India as a vital hub for international electric battery component exports.Vikram Handa, managing director of Epsilon, states that under the individual retirement account, anFirst Published: Aug 07 2024|11:20 PM IST.