Breaking down CATL's insane Hong Kong IPO and what it means for the future of electric vehicles – and maybe my next car!
Breaking down CATL's insane Hong Kong IPO and what it means for the future of electric vehicles – and maybe my next car!

OMG CATL is Like Soaring!

Okay so like I was scrolling through my feed (duh) and saw this article about CATL the world's biggest battery maker? Apparently their stock went totally wild in Hong Kong. We're talking an 18% jump! Like that's more than I've ever jumped for a Birkin bag sale. It's all because everyone's obsessed with electric vehicles which TBH I'm kinda into now too. Gotta save the planet right? Plus imagine the Instagram potential!

Lip Kit Money vs. Battery Money

So CATL did an IPO (that's like when a company sells shares to the public for the first time obvi). They raised like $4.6 billion! That's way more than I made from my first lip kit launch. I mean good for them! They're using the money to build a factory in Hungary to sell batteries to car companies like BMW and Volkswagen. Basically they're the reason your Tesla goes 'vroom vroom' instead of 'putt putt'. Who knew batteries could be so boujee?

Europe is the New Calabasas?

Apparently China is old news for CATL. They're all about Europe now because that's where the EV market is still growing. It’s like when everyone moved from Myspace to Instagram – you gotta follow the trends people! I think I might need to invest... or maybe just get a European vacation out of it. The South of France is calling my name!

Drama Alert: Trade Wars and Military Watchlists!

Okay so things aren't *all* sunshine and roses for CATL. They've had some drama with the U.S. and EU who are throwing shade with tariffs. And get this – the Pentagon put them on a watchlist because they think CATL is secretly working with the Chinese military. Like what?! That's way more drama than I've had with Jordyn Woods. I hope they sort it out because I need those batteries for my future fleet of electric cars!

Can't Stop Won't Stop

Even with all the drama CATL is still crushing it. Their sales might have dipped a little but their profits are still up! And people are buying EVs like crazy in China which is HUGE for CATL. Some experts are even calling them a “must own company.” I'm telling you batteries are the new black. And speaking of black I need a new matte lip kit shade. Maybe 'Battery Black'?

Rise and Shine... It's Investment Time!

So what's the takeaway? Electric vehicles are the future and CATL is leading the charge. Literally. Even though there’s a little bit of controversy in the mix the experts at Bank of America Goldman Sachs and JPMorgan Chase are saying that the CATL's IPO shows that investors still look to China to find quality plays despite recent trade tensions between Beijing and Washington. I'm not exactly a financial advisor (yet!) but this sounds like a good opportunity. And remember “doing your best is enough.” Now if you'll excuse me I have a meeting to discuss my next business venture. Maybe I'll start my own battery company... Kylie Cosmetics: Power Up!


Comments