Phase I of the institutional project with an annual production capacity of 2,500 tons of large carbon intermediate phase (a key raw material for lithium-ion battery manufacturing) has been completed. Mumbai: Epsilon Carbon, a coal tar derivative company, has entered the battery materials business by setting up a manufacturing facility in Ballari district of Karnataka to produce graphite anode materials for lithium-ion batteries. Epsilon Carbon Vikram Handa “With India’s aggressive pursuit of an electric vehicle policy,” he said Epsilon Graphite anode manufacturing will enable India to achieve self-sufficiency in key raw materials for lithium batteries. ‘ Handa added that the company plans to invest Rs 5 billion by 2025 to build 50,000 tons of anode material capacity through its newly formed subsidiary Epsilon Advanced Materials. Negative electrode materials include carbon and alloy-based materials such as silicon, tin, antimony and nitride. The first phas...