It is understood that from June 7 to June 13, 2025, the weekly composite operating rate of lead-acid battery enterprises in the five provinces monitored by SMM was 72.19%, up 11.8 percentage points WoW.
This week, the impact of the Dragon Boat Festival holiday was fully lifted, and lead-acid battery enterprises gradually resumed normal production, leading to an increase in the weekly operating rate. The main sectors contributing to this increase were e-bike and automotive battery enterprises, which had holidays ranging from 1 to 5 days during the Dragon Boat Festival, while ESS battery enterprises experienced relatively minor changes in production. From the perspective of end-use consumption, the e-bike and automotive battery markets are still in the traditional off-season, with slow digestion of battery inventory. Dealers are cautious in their procurement, and most enterprises have not been able to reach full production capacity after resuming production during the Dragon Boat Festival holiday. The operating rates range from around 50% to 70-90%.
