.Fee Vikram Handa, Managing Director, Epsilon Advanced Materials3 minutes read through Final Upgraded: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based producer of graphite anodes (as well as very soon cathodes), which are critical components in electric vehicle (EV) electric batteries, is pressing the Indian government to negotiate a Crucial Raw Materials Act with the US. This will make certain that electric battery materials shipped coming from India to the US abide by the US Rising Cost Of Living Decrease Act (INDIVIDUAL RETIREMENT ACCOUNT).The IRA offers several motivations to speed up EV adoption in the automotive sector. If authorized, the deal might install India as a vital hub for worldwide battery component exports.Vikram Handa, managing supervisor of Epsilon, claims that under the IRA, anFirst Posted: Aug 07 2024|11:20 PM IST.