SMM, July 28: Dealers in Jiangxi report that end-use consumption in the e-bike lead-acid battery market has yet to pick up, retailers only purchase as needed, and the battery wholesale market maintains sales promotions. Currently, the wholesale price for the main model, 48V20Ah, is 380 yuan per group. Manufacturers in Zhejiang report that market demand for e-bike lead-acid batteries is weak, orders for finished products are poor, and coupled with the impact of hot weather, factories are currently shut down and are expected to resume production next week. Manufacturers in Jiangsu report that the traditional peak season for the e-bike lead-acid battery market has shown no clear signs yet, dealer purchasing enthusiasm is low, and to avoid inventory buildup, the factory operating rate is maintained at 60-70%, with raw material lead purchased only as needed.

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