Enabled the module hotfixes for yoga-testing, successfully updated to
# rpm -q python3-sqlalchemy
python3-sqlalchemy-1.4.31-1.el8.x86_64
Issue is still the same:
2022-03-17 13:11:06,310 - cinderlib-client - ERROR - Failure occurred when trying to run command 'storage_stats': execute_values() got an unexpected keyword argument 'fetch' [2725c57d-de29-44b6-b765-523825fd66cb]

Verified after restarting the engine and leaving global maintenance mode.