Epsilon Advanced Materials, headquartered in Mumbai, India, is a leading global battery material manufacturer that delivers high-performance, high-capacity, and green battery materials. Supported by the US Inflation Reduction Act (IRA), this investment marks the largest Indian venture in the US EV battery industry to date, with the facility expected to be operational by 2026.
Through NCRR’s economic development initiative, NCRR Invests, the company is investing approximately $500,000 to assist with the design and construction of on-site rail infrastructure and rail spur for CSX, a leading supplier of rail-based freight transportation in North America, to serve the facility. This will increase annual activity by a minimum of over 3,400 rail cars.