| | One of the companies in BHR’s portfolio as of August 30, 2021, Joe Biden's target date for the withdrawal from Afghanistan, is Contemporary Amperex Technology Co., Limited (CATL),<ref>https://tracxn.com/d/private-equity/bhr/AqYaQZwpCM9_bWngRtAEWb3D0qIHitqyE0ObxZ649Ig</ref> the “world’s largest maker of electric vehicle batteries.”<ref>https://archive.is/wzhmr</ref> | | One of the companies in BHR’s portfolio as of August 30, 2021, Joe Biden's target date for the withdrawal from Afghanistan, is Contemporary Amperex Technology Co., Limited (CATL),<ref>https://tracxn.com/d/private-equity/bhr/AqYaQZwpCM9_bWngRtAEWb3D0qIHitqyE0ObxZ649Ig</ref> the “world’s largest maker of electric vehicle batteries.”<ref>https://archive.is/wzhmr</ref> |
| − | China dominates the world’s production of lithium-ion batteries used in electric vehicles and most portable consumer electronic devices such as cell phones and laptops. China accounts for 80 percent of the world’s total output of raw materials for advanced batteries.<ref>https://www.voanews.com/silicon-valley-technology/how-china-dominates-global-battery-supply-chain</ref> If Biden implements his “clean energy” plans, the United States will become dependent on China to produce the batteries that power America’s technologies.<ref>https://www.americanenergyalliance.org/2020/09/bidens-green-dream-made-in-china/</ref> The largest manufacturer of electric vehicle batteries with a 27.9 percent market share is China’s Contemporary Amperex Technology Co. Limited. (CATL). Since Biden's green agenda came to the fore in November 2020, and the August 31, 2021 Fall of Kabul, CATL's stock price tripled.<ref>https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa189b059-c867-4a68-a7f8-d6e04dd23558_712x514.jpeg</ref> On August 28, 2021 ''[[Forbes]]'' magazine reported, | + | China dominates the world’s production of lithium-ion batteries used in electric vehicles and most portable consumer electronic devices such as cell phones and laptops. China accounts for 80 percent of the world’s total output of raw materials for advanced batteries.<ref>https://www.voanews.com/silicon-valley-technology/how-china-dominates-global-battery-supply-chain</ref> If Joe Biden were to implement his “clean energy” plans, the United States would become dependent on China to produce the batteries that power America’s technologies.<ref>https://www.americanenergyalliance.org/2020/09/bidens-green-dream-made-in-china/</ref> The largest manufacturer of electric vehicle batteries with a 27.9 percent market share is China’s Contemporary Amperex Technology Co. Limited. (CATL). Since Biden's green agenda came to the fore in November 2020, and the August 31, 2021 Fall of Kabul, CATL's stock price tripled.<ref>https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa189b059-c867-4a68-a7f8-d6e04dd23558_712x514.jpeg</ref> On August 28, 2021 ''[[Forbes]]'' magazine reported, |
| | {{quotebox-float|"the mineral resources under the ground in Afghanistan could be worth almost 10 times the country’s infamous [[opium]] crop. | | {{quotebox-float|"the mineral resources under the ground in Afghanistan could be worth almost 10 times the country’s infamous [[opium]] crop. |