.Costs Vikram Handa, Managing Supervisor, Epsilon Advanced Materials3 minutes went through Final Improved: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based manufacturer of graphite anodes (and very soon cathodes), which are important components in power motor vehicle (EV) electric batteries, is pressing the Indian government to bargain a Critical Raw Materials Act with the United States. This would certainly make sure that battery products transported from India to the United States follow the United States Inflation Reduction Process (IRA).The IRA gives various incentives to increase EV adoption in the automotive sector. If signed, the deal could place India as an essential center for global battery product exports.Vikram Handa, managing supervisor of Epsilon, states that under the IRA, anFirst Published: Aug 07 2024|11:20 PM IST.