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EQUIPMENT DEPOSITS
12 Months Ended
Dec. 31, 2023
EQUIPMENT DEPOSITS  
EQUIPMENT DEPOSITS

NOTE 8 EQUIPMENT DEPOSITS

The Company entered into agreements with third party contractors for the design and construction of a battery packaging and inspection automation system, and automated robotic tending system. As of December 31, 2023 and 2022, the Company had outstanding deposits of $1,332,436 and $3,514,937, respectively, in connection with these agreements.