Business

Epsilon Advanced Materials finds United States business treaty for EV electric battery compliance Car

.Superior Vikram Handa, Handling Supervisor, Epsilon Advanced Materials3 minutes read Final Improved: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based maker of graphite anodes (and very soon cathodes), which are critical parts in electricity motor vehicle (EV) electric batteries, is pressing the Indian federal government to negotiate a Critical Raw Products Act with the US. This would ensure that battery products shipped from India to the US adhere to the US Inflation Decrease Action (IRA).The IRA gives different motivations to increase EV adoption in the motor vehicle market. If signed, the contract can install India as a key center for international battery component exports.Vikram Handa, taking care of supervisor of Epsilon, claims that under the IRA, anFirst Released: Aug 07 2024|11:20 PM IST.