+
Epsilon Eyes Strategic Partnerships to Supply EV Battery Materials
ECONOMY & POLICY

Epsilon Eyes Strategic Partnerships to Supply EV Battery Materials

Battery materials manufacturer Epsilon Advanced Materials is preparing to enter long-term strategic partnerships with companies seeking high-quality graphite anode and cathode materials sourced outside China, a company official said.
Electric vehicle (EV) batteries comprise components such as anode, cathode, electrolyte, and separator. Currently, China controls over 90 per cent of the global graphite anode and cathode processing capacity used in EVs.
Recent Chinese restrictions on the export of critical battery-grade materials and technologies for both graphite anode and lithium iron phosphate (LFP) cathode have intensified global concerns over supply chain vulnerabilities in the EV sector, including in India.
This development coincides with India’s efforts to establish a resilient, localised battery supply chain amid China’s tightening export controls on key battery technologies.
“Epsilon is ready to partner with cell manufacturers and automotive OEMs seeking ex-China sourcing to secure a long-term supply of high-quality anode materials and LFP cathode while supporting localisation and sustainability objectives,” said Vikram Handa, Managing Director of Epsilon, in an interview.
China’s early mover advantage has allowed it to dominate the global battery materials supply chain for decades, but recent export restrictions underscore the critical need for battery manufacturers and OEMs to diversify sourcing beyond China, he explained.
“To start with, our integrated proprietary synthetic and natural graphite anode materials enable us to provide a secure and consistent supply chain across geographies. We have strategically invested in an R&D facility and commercial plant to deliver customer qualification samples for testing and approval,” he added.
Epsilon owns proprietary technology for manufacturing lithium iron phosphate cathode, supported by an R&D facility in Germany, shielding it from recent Chinese export curbs.
Many companies reliant on Chinese LFP cathode technology for manufacturing in India now face delays, as they must invest in developing their own R&D capabilities, which typically take five to six years to mature.
Epsilon operates manufacturing plants in India, the USA, and Finland, targeting a total anode material capacity of 60,000 tonnes by 2027 and 220,000 tonnes by 2030, making it the largest anode material producer outside China and enhancing the resilience of its supply network.
Its cathode material plant in India, with a planned capacity of 100,000 tonnes by 2030, will support India’s Atmanirbhar (self-reliance) goals in the EV battery material supply chain. This multi-continent presence offers international clients greater flexibility, localised supply options, and reduced risk of disruption.
The company is investing Rs 15.35 billion in Karnataka to establish a state-of-the-art manufacturing and research facility for EV battery materials, battery testing, and advanced materials R&D. 

Battery materials manufacturer Epsilon Advanced Materials is preparing to enter long-term strategic partnerships with companies seeking high-quality graphite anode and cathode materials sourced outside China, a company official said.Electric vehicle (EV) batteries comprise components such as anode, cathode, electrolyte, and separator. Currently, China controls over 90 per cent of the global graphite anode and cathode processing capacity used in EVs.Recent Chinese restrictions on the export of critical battery-grade materials and technologies for both graphite anode and lithium iron phosphate (LFP) cathode have intensified global concerns over supply chain vulnerabilities in the EV sector, including in India.This development coincides with India’s efforts to establish a resilient, localised battery supply chain amid China’s tightening export controls on key battery technologies.“Epsilon is ready to partner with cell manufacturers and automotive OEMs seeking ex-China sourcing to secure a long-term supply of high-quality anode materials and LFP cathode while supporting localisation and sustainability objectives,” said Vikram Handa, Managing Director of Epsilon, in an interview.China’s early mover advantage has allowed it to dominate the global battery materials supply chain for decades, but recent export restrictions underscore the critical need for battery manufacturers and OEMs to diversify sourcing beyond China, he explained.“To start with, our integrated proprietary synthetic and natural graphite anode materials enable us to provide a secure and consistent supply chain across geographies. We have strategically invested in an R&D facility and commercial plant to deliver customer qualification samples for testing and approval,” he added.Epsilon owns proprietary technology for manufacturing lithium iron phosphate cathode, supported by an R&D facility in Germany, shielding it from recent Chinese export curbs.Many companies reliant on Chinese LFP cathode technology for manufacturing in India now face delays, as they must invest in developing their own R&D capabilities, which typically take five to six years to mature.Epsilon operates manufacturing plants in India, the USA, and Finland, targeting a total anode material capacity of 60,000 tonnes by 2027 and 220,000 tonnes by 2030, making it the largest anode material producer outside China and enhancing the resilience of its supply network.Its cathode material plant in India, with a planned capacity of 100,000 tonnes by 2030, will support India’s Atmanirbhar (self-reliance) goals in the EV battery material supply chain. This multi-continent presence offers international clients greater flexibility, localised supply options, and reduced risk of disruption.The company is investing Rs 15.35 billion in Karnataka to establish a state-of-the-art manufacturing and research facility for EV battery materials, battery testing, and advanced materials R&D. 

Next Story
Infrastructure Urban

Companies in GIFT City IFSC Cross 400 Mark

As of July 31, 2025, a total of 409 companies are operating in the Gujarat International Finance Tec City – International Financial Services Centre (GIFT IFSC), Finance Minister Nirmala Sitharaman informed Parliament.In a written reply in the Lok Sabha, she highlighted that the number of firms in GIFT IFSC has grown nearly fivefold in less than five years — from 82 on October 1, 2020, to 409 by July 2025.The centre now hosts a wide range of entities, including those in banking, asset management, and allied services, alongside other financial segments.To support GIFT IFSC’s growth, the go..

Next Story
Infrastructure Urban

GMDA to Prepare Fresh DPR for Naurangpur Sewage Treatment Plant

The Gurugram Metropolitan Development Authority (GMDA) will prepare a fresh detailed project report (DPR) for the proposed 40 million litres per day (MLD) sewage treatment plant (STP) at Naurangpur. The move comes after it was found that a high-tension power line and a 24-metre-wide road pass through the site allocated for the project, requiring a revised plan.According to officials, the original 3.65-acre land parcel transferred from the Municipal Corporation of Manesar (MCM) was reduced to 2.89 acres following the road development. The presence of the power line further divided the land into..

Next Story
Infrastructure Transport

PM Inaugurates Bihar Highway and New Ganga Bridge

Prime Minister Narendra Modi will inaugurate a key highway project on Friday, connecting Aunta (Mokama) and Simaria (Begusarai), featuring a newly built 1.865-km bridge across the Ganga.The project establishes direct road connectivity between Mokama in Patna district and Begusarai. The bridge has been constructed parallel to the old two-lane rail-cum-road Rajendra Setu, which is currently under repair and restricts heavy vehicle movement.The new bridge will allow heavy vehicles to avoid a detour of nearly 100 km while travelling between north Bihar districts such as Begusarai, Supaul, Madhuban..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?