New rules = new players! "Not our first rodeo!" Chief Commerzialisation Officer Nano One (see the share price!) :))
https://twitter.com/NanoOne_NANO/status/1729996359133167744
https://twitter.com/NanoOne_NANO/status/1730709820033081583
The new rules are VERY GOOD for Nano One Materials! It could even be that they will be made even more severe!
"Sen. Joe Manchin, D-W.Va., said the new rules don't go far enough to prevent Chinese-made batteries from receiving U.S. tax breaks. Manchin, chairman of the Senate Energy and Natural Resources Committee, was a key author of the provision barring the full tax credit if battery components are manufactured or assembled by a political adversary such as China.
He slammed the new rules as an “unlawful” attempt to bypass the climate law's made-in-America provisions.
“I do not understand why President Biden is allowing his administration to now route our essential supply chains through China,” Manchin said, adding that he would move to overturn the battery rules through the >> Congressional Review Act << if the regulations are not revised."
https://abcnews.go.com/amp/Business/wireStory/new-us-rules-aimed-curbing-china-limit-tax-105302597?
Everything, but really EVERYTHING, speaks for Nano One Materials! Stay informed and don't let your shares be stolen!