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Epsilon Advanced Materials seeks US field pact for EV electric battery compliance Automotive

.Superior Vikram Handa, Managing Supervisor, Epsilon Advanced Materials3 min read Last Upgraded: Aug 07 2024|11:20 PM IST.Epsilon Advanced Products, a Mumbai-based producer of graphite anodes (and soon cathodes), which are essential parts in electric lorry (EV) batteries, is pressing the Indian federal government to haggle a Critical Raw Materials Act with the United States. This would certainly make sure that battery materials shipped from India to the US abide by the United States Rising Cost Of Living Decline Act (IRA).The individual retirement account delivers numerous rewards to accelerate EV adoption in the automotive field. If authorized, the deal could possibly install India as an essential hub for international battery component exports.Vikram Handa, handling supervisor of Epsilon, points out that under the IRA, anFirst Released: Aug 07 2024|11:20 PM IST.

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