.Premium Vikram Handa, Managing Supervisor, Epsilon Advanced Materials3 min read through Final Updated: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based maker of graphite anodes (as well as very soon cathodes), which are actually important components in electricity motor vehicle (EV) batteries, is driving the Indian authorities to bargain an Essential Raw Products Act with the US. This would make sure that battery components shipped coming from India to the US adhere to the United States Inflation Reduction Act (IRA).The IRA uses various motivations to increase EV fostering in the vehicle market. If authorized, the agreement can place India as a vital hub for global battery component exports.Vikram Handa, dealing with director of Epsilon, points out that under the IRA, anFirst Published: Aug 07 2024|11:20 PM IST.