Business

Epsilon Advanced Materials looks for US business treaty for EV electric battery compliance Car

.Fee Vikram Handa, Dealing With Supervisor, Epsilon Advanced Materials3 min reviewed Last Upgraded: Aug 07 2024|11:20 PM IST.Epsilon Advanced Products, a Mumbai-based manufacturer of graphite anodes (and very soon cathodes), which are critical elements in electrical car (EV) electric batteries, is actually pressing the Indian authorities to discuss an Essential Raw Products Act with the United States. This would make sure that battery products transported from India to the US follow the US Rising Cost Of Living Decrease Action (INDIVIDUAL RETIREMENT ACCOUNT).The IRA offers a variety of motivations to accelerate EV adoption in the automotive industry. If authorized, the contract could possibly install India as a vital center for global electric battery product exports.Vikram Handa, handling supervisor of Epsilon, states that under the IRA, anFirst Published: Aug 07 2024|11:20 PM IST.