.Costs Vikram Handa, Managing Supervisor, Epsilon Advanced Materials3 minutes read through Last Improved: Aug 07 2024|11:20 PM IST.Epsilon Advanced Products, a Mumbai-based maker of graphite anodes (and very soon cathodes), which are essential components in electricity automobile (EV) electric batteries, is actually pressing the Indian authorities to arrange a Critical Raw Materials Act with the US. This would make certain that battery materials transported coming from India to the US observe the US Inflation Reduction Process (INDIVIDUAL RETIREMENT ACCOUNT).The individual retirement account supplies various incentives to increase EV adopting in the automotive sector. If signed, the agreement might set up India as a vital center for global battery material exports.Vikram Handa, managing supervisor of Epsilon, states that under the IRA, anFirst Published: Aug 07 2024|11:20 PM IST.