.Fee Vikram Handa, Handling Director, Epsilon Advanced Materials3 minutes reviewed Last Improved: Aug 07 2024|11:20 PM IST.Epsilon Advanced Products, a Mumbai-based maker of graphite anodes (and soon cathodes), which are important elements in power automobile (EV) electric batteries, is pressing the Indian federal government to negotiate a Crucial Raw Materials Act with the US. This would certainly guarantee that battery components shipped from India to the United States abide by the United States Inflation Decrease Act (INDIVIDUAL RETIREMENT ACCOUNT).The IRA delivers different motivations to accelerate EV fostering in the automobile sector. If authorized, the deal might install India as a key center for global battery material exports.Vikram Handa, dealing with supervisor of Epsilon, says that under the individual retirement account, anFirst Posted: Aug 07 2024|11:20 PM IST.