.Fee Vikram Handa, Managing Director, Epsilon Advanced Materials3 min went through Last Updated: Aug 07 2024|11:20 PM IST.Epsilon Advanced Products, a Mumbai-based manufacturer of graphite anodes (and also very soon cathodes), which are vital elements in electrical vehicle (EV) batteries, is pressing the Indian federal government to discuss a Vital Raw Products Act with the United States. This would certainly ensure that electric battery materials exported from India to the United States abide by the United States Rising Cost Of Living Reduction Action (INDIVIDUAL RETIREMENT ACCOUNT).The IRA supplies several incentives to speed up EV adopting in the vehicle field. If signed, the deal can position India as a key hub for worldwide battery material exports.Vikram Handa, dealing with director of Epsilon, mentions that under the individual retirement account, anFirst Published: Aug 07 2024|11:20 PM IST.