It is understood that the weekly composite operating rate of lead-acid battery enterprises across five provinces tracked by SMM from June 26 to July 2, 2026, stood at 64.1%, up 7.24 percentage points WoW.
The gradual resumption of normal production by major lead-acid battery enterprises after the Dragon Boat Festival holiday was the main factor behind the rebound in the weekly operating rate. Notably, e-bike and automotive battery markets remained in the traditional off-season. Some lead-acid battery enterprises noted that battery orders in July further declined MoM from June, causing factory production not to fully recover to pre-holiday levels. If subsequent orders continue to weaken, further cuts to production line operating rates cannot be ruled out.
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