.Costs Vikram Handa, Dealing With Director, Epsilon Advanced Materials3 minutes read through Last Updated: Aug 07 2024|11:20 PM IST.Epsilon Advanced Products, a Mumbai-based producer of graphite anodes (and very soon cathodes), which are actually important components in electricity vehicle (EV) electric batteries, is driving the Indian federal government to haggle a Vital Raw Materials Act with the US. This will make certain that electric battery materials shipped from India to the US observe the US Rising Cost Of Living Decline Act (INDIVIDUAL RETIREMENT ACCOUNT).The IRA provides a variety of incentives to speed up EV adoption in the automotive sector. If signed, the agreement can position India as a vital hub for global battery material exports.Vikram Handa, dealing with director of Epsilon, claims that under the IRA, anFirst Released: Aug 07 2024|11:20 PM IST.