.Fee Vikram Handa, Managing Director, Epsilon Advanced Materials3 min read through Final Updated: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based manufacturer of graphite anodes (and also soon cathodes), which are vital components in electric motor vehicle (EV) electric batteries, is pushing the Indian authorities to arrange a Critical Raw Materials Act with the United States. This would certainly make sure that electric battery products shipped coming from India to the United States follow the US Inflation Reduction Action (INDIVIDUAL RETIREMENT ACCOUNT).The individual retirement account supplies a variety of incentives to speed up EV fostering in the automotive industry. If authorized, the contract can set up India as a key center for worldwide battery component exports.Vikram Handa, managing supervisor of Epsilon, mentions that under the IRA, anFirst Posted: Aug 07 2024|11:20 PM IST.