Epsilon Advanced Materials finds US business contract for EV electric battery compliance Vehicle

.Premium Vikram Handa, Handling Supervisor, Epsilon Advanced Materials3 min went through Final Improved: Aug 07 2024|11:20 PM IST.Epsilon Advanced Products, a Mumbai-based manufacturer of graphite anodes (and soon cathodes), which are actually essential components in electrical motor vehicle (EV) batteries, is pushing the Indian authorities to negotiate a Crucial Raw Products Act with the United States. This would ensure that electric battery products transported from India to the US comply with the US Inflation Decrease Process (INDIVIDUAL RETIREMENT ACCOUNT).The IRA offers various rewards to increase EV adoption in the automotive field. If authorized, the arrangement could place India as an essential hub for worldwide battery material exports.Vikram Handa, taking care of supervisor of Epsilon, mentions that under the IRA, anFirst Released: Aug 07 2024|11:20 PM IST.