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Re: None

Thursday, 08/18/2022 6:41:53 AM

Thursday, August 18, 2022 6:41:53 AM

Post# of 14925
Could play huge for this stock. Read this on another board

As part of the The Inflation Reduction Act........
The IRA extends and expands the existing electric vehicle (EV) subsidy of up to $7,500 but conditions the tax credit on the sourcing of the mineral content of the battery.

At least 40% of the critical metals in the battery - lithium, nickel, cobalt and manganese - must come from the United States or a Free Trade Agreement (FTA) partner. That percentage rises to 80% in 2026.