.Costs Vikram Handa, Taking Care Of Supervisor, Epsilon Advanced Materials3 minutes went through Final Updated: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based supplier of graphite anodes (and also soon cathodes), which are vital parts in electrical motor vehicle (EV) electric batteries, is actually driving the Indian government to negotiate an Essential Raw Products Act with the US. This would certainly guarantee that electric battery components exported coming from India to the US follow the United States Rising Cost Of Living Decrease Act (INDIVIDUAL RETIREMENT ACCOUNT).The individual retirement account gives numerous rewards to accelerate EV adoption in the auto industry. If authorized, the arrangement can place India as a key center for worldwide electric battery component exports.Vikram Handa, handling supervisor of Epsilon, mentions that under the IRA, anFirst Published: Aug 07 2024|11:20 PM IST.