Sunday, July 23, 2023

Fwd: Tidbit of the month



---------- Forwarded message ---------
From: Joyce Segal <joyceck10@gmail.com>
Date: Sat, Jul 22, 2023 at 11:21 AM
Subject: Tidbit of the month
To: Kim Cooper <kimc0240@gmail.com>


What Biden has done - Almost no one knows about it!

POOLE, England, July 21 (Reuters) - A little-publicized clause in the U.S. Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America, putting the region at the forefront of a global race to undermine China's dominance of the field.

The IRA includes a clause that automatically qualifies EV battery materials recycled in the U.S. as American-made for subsidies, regardless of their origin. That is important because it qualifies automakers using U.S.-recycled battery materials for EV production incentives.

--
Joyce Cooper
CEO SunSmartPower
650-430-6243
SunSmartPower.com

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