Epsilon Advanced Products finds United States business contract for EV electric battery observance Auto

.Premium Vikram Handa, Managing Director, Epsilon Advanced Materials3 min read Last Upgraded: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based maker of graphite anodes (and also soon cathodes), which are actually critical elements in electricity motor vehicle (EV) batteries, is pushing the Indian authorities to discuss an Important Raw Materials Act with the United States. This would ensure that battery materials transported coming from India to the US abide by the United States Inflation Reduction Action (INDIVIDUAL RETIREMENT ACCOUNT).The individual retirement account delivers a variety of rewards to speed up EV fostering in the automobile field. If authorized, the deal could possibly set up India as an essential hub for global electric battery product exports.Vikram Handa, dealing with director of Epsilon, points out that under the IRA, anFirst Posted: Aug 07 2024|11:20 PM IST.