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Epsilon Advanced Materials looks for US trade pact for EV battery compliance Automobile

.Fee Vikram Handa, Dealing With Director, Epsilon Advanced Materials3 min read through Final Upgraded: Aug 07 2024|11:20 PM IST.Epsilon Advanced Products, a Mumbai-based supplier of graphite anodes (as well as soon cathodes), which are essential elements in power lorry (EV) batteries, is actually pressing the Indian government to discuss a Critical Raw Materials Act with the US. This will ensure that battery products shipped coming from India to the US adhere to the US Rising Cost Of Living Reduction Act (INDIVIDUAL RETIREMENT ACCOUNT).The IRA uses various motivations to speed up EV fostering in the automotive field. If signed, the contract can place India as a crucial center for worldwide electric battery component exports.Vikram Handa, managing director of Epsilon, points out that under the IRA, anFirst Released: Aug 07 2024|11:20 PM IST.