Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7

The IRA, which was finally passed by the Senate on August 7 after 18 months of political infighting, includes incentives to increase the production of electric vehicles, renewables, and critical minerals as part of a policy to reduce reliance on Chinese and Russian supplies. The act extends a $7,500 per vehicle consumer tax credit for the purchase of electric vehicles made by firms which include Tesla and General Motors. But these firms will have to observe stricter, regional sourcing requirements for critical minerals and sources for other materials used in electric vehicle batteries such as lithium, nickel and cobalt. The tax credit is not valid if the vehicle battery contains critical minerals sourced from countries designated a "foreign entity of concern", namely China and Russia'https://www.mining-journal.com/energy-minerals/news/4073356/us-senate-passes-act-incentives-critical-minerals

Not a marketing winner to put your customer out of a credit by buying Xi // Putin cobalt