Summary of Electric vehicle Battery Market in SMM on July 23

SMM July 23: dealers in Shandong Province reflect that the terminal consumption of electric batteries is slightly better, at the same time, the atmosphere of rising prices in the wholesale battery market is thicker, retailers purchase on demand, battery inventory has been digested, the main model 48v20Ah wholesale in 4404450 yuan / group. Manufacturers in Jiangsu region reflect that the market demand for electric batteries is improving, coupled with the stimulation of battery prices, dealers purchase actively, the current factory operating rate returned to more than 80%, and lead prices fluctuated frequently, the recent purchase is basically based on a long single purchase. Manufacturers in Jiangxi reflect the general demand for replacement in the electric battery market, and due to the rise in battery prices, finished battery orders have improved, battery inventory has also dropped to the normal level, and the current factory operation rate is about 70%.