Thanks, I thought I was the only one confused...
Even the chart you referenced was incomplete. There's the outright exclusion for materials from "entities of concern" (like your chart listed), which is basically China. That starts phasing in for 2024. But there's also the 40-50% source materials requirement from countries the US has a trade agreement, which starts in 2023. And that requirement is expected to knock quite a few batteries out (at least we assume). But nobody really knows which ones, or whether that's closer to 90% of the supply, or 10%. It's probably somewhere in between, which means battery suppliers are in the cat bird seat. The price for limited US-approved battery cells will likely go up as they're a rarer commodity now. Where they can, LG and SKI will probably shift materials flow around to segregate US-approved battery cells from US-disapproved (which they'll sell to automakers for sale in other countries that don't have this micro-managing restriction). With just a few months to figure it all out.
