5 month old Vid from the Squire Virtual ConferanceThis 15 min elevator pitch gets to some details that are really more relevent and better understood today than they were at that time.
https://www.youtube.com/watch?v=YyrW5YPr78A
We are also paying close attention to decisions in America around how Precursor Cathode Active Materials (PCAM) and Cathode Active Materials (CAM) are treated in the IRA. We advocate for a clean, reliable, safe, and secure battery ecosystem in North America. The US Treasury Department’s Proposed Guidance is something we are monitoring, and conversations at the SAFE Summit in D.C. last week reinforced two things:
- Miners, innovative clean tech, chemical suppliers, automotive original equipment manufacturers (auto OEMs), and investors are pushing for a localized North American battery supply chain, and governments are collaborating.
- Auto OEMs have differing views on how best to deliver on electric vehicle promises. Some agree that PCAM and CAM should be allowed outside North America and qualify for IRA benefits. Other OEMs have set in motion a North American system that is more stringent when it comes to allowing materials from outside North America.