.Fee Vikram Handa, Managing Director, Epsilon Advanced Materials3 min read Final Upgraded: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based supplier of graphite anodes (and quickly cathodes), which are important parts in power auto (EV) electric batteries, is actually pushing the Indian authorities to negotiate a Crucial Raw Materials Act with the US. This would make certain that electric battery materials shipped from India to the United States follow the US Rising Cost Of Living Reduction Act (INDIVIDUAL RETIREMENT ACCOUNT).The IRA offers numerous rewards to increase EV adoption in the automotive field. If authorized, the agreement can set up India as a crucial center for global electric battery component exports.Vikram Handa, dealing with director of Epsilon, mentions that under the individual retirement account, anFirst Released: Aug 07 2024|11:20 PM IST.