Epsilon Advanced Materials finds United States profession contract for EV electric battery compliance Auto

.Superior Vikram Handa, Managing Supervisor, Epsilon Advanced Materials3 minutes reviewed Last Upgraded: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based supplier of graphite anodes (and very soon cathodes), which are actually critical parts in electricity automobile (EV) batteries, is actually driving the Indian federal government to arrange a Vital Raw Products Act with the US. This will ensure that electric battery products exported from India to the United States comply with the US Inflation Decline Action (INDIVIDUAL RETIREMENT ACCOUNT).The IRA offers several rewards to accelerate EV adoption in the motor vehicle business. If authorized, the agreement can place India as a vital hub for international electric battery component exports.Vikram Handa, managing director of Epsilon, states that under the IRA, anFirst Released: Aug 07 2024|11:20 PM IST.