.Costs Vikram Handa, Managing Director, Epsilon Advanced Materials3 min checked out Last Upgraded: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based supplier of graphite anodes (and also soon cathodes), which are actually vital parts in power automobile (EV) batteries, is pushing the Indian federal government to arrange a Vital Raw Products Act with the US. This will ensure that battery products shipped from India to the US observe the United States Inflation Reduction Process (INDIVIDUAL RETIREMENT ACCOUNT).The individual retirement account supplies a variety of rewards to increase EV fostering in the motor vehicle field. If authorized, the contract could possibly install India as a key center for global battery product exports.Vikram Handa, dealing with director of Epsilon, points out that under the individual retirement account, anFirst Published: Aug 07 2024|11:20 PM IST.