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Epsilon Advanced Materials seeks US business deal for EV electric battery compliance Auto

.Fee Vikram Handa, Managing Supervisor, Epsilon Advanced Materials3 minutes read through Last Upgraded: Aug 07 2024|11:20 PM IST.Epsilon Advanced Materials, a Mumbai-based producer of graphite anodes (and also quickly cathodes), which are actually crucial components in power lorry (EV) electric batteries, is actually driving the Indian federal government to bargain a Crucial Raw Products Show the US. This will make certain that battery components shipped from India to the United States observe the United States Rising Cost Of Living Reduction Act (INDIVIDUAL RETIREMENT ACCOUNT).The IRA gives different incentives to speed up EV adopting in the motor vehicle sector. If signed, the deal could position India as a key hub for international battery material exports.Vikram Handa, managing director of Epsilon, mentions that under the IRA, anFirst Released: Aug 07 2024|11:20 PM IST.

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