.Costs Vikram Handa, Dealing With Director, Epsilon Advanced Materials3 minutes checked out Last Updated: Aug 07 2024|11:20 PM IST.Epsilon Advanced Products, a Mumbai-based manufacturer of graphite anodes (and very soon cathodes), which are important components in electric vehicle (EV) batteries, is driving the Indian federal government to negotiate an Important Raw Materials Act with the US. This would make sure that battery components shipped coming from India to the United States observe the US Inflation Reduction Act (INDIVIDUAL RETIREMENT ACCOUNT).The individual retirement account uses a variety of incentives to increase EV adopting in the automobile business. If signed, the contract could possibly position India as an essential center for global electric battery component exports.Vikram Handa, handling director of Epsilon, claims that under the individual retirement account, anFirst Published: Aug 07 2024|11:20 PM IST.