People keep missing the point. It's all about funding, funding, funding, funding, funding, funding, funding to build the AAM manufacturing plants.
@whe9 hit it on the head earlier. Post #:73662962
"But Steinberg also noted that the rule includes a requirement for manufacturers relying on the grace period to show how they’ll comply by 2027 in securing IRA-compliant graphite. According to the rule, that’s expected to include “robust documentation” around efforts companies are making to secure new supplies from domestic or compliant suppliers and ultimately ink offtake agreements.
"On the above, lets not forget we have LGES and Panasonic on board early and perhaps further agreements to come."
If there is no AAM, how the hell can manufacturers show they’ll comply by 2027 in securing IRA-compliant graphite?
According to the rule, that’s expected to include “robust documentation” around efforts companies are making to secure new supplies from domestic or compliant suppliers and ultimately ink offtake agreements - The best why to do this is what Ford did with LTR. Supply a $300m loan and sign an off-take agreement.
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