Summary of Automobile Battery Market in SMM on June 5

SMM June 5: dealers in Sichuan reflect light demand for replacement in the automotive battery market. In order to stimulate consumption, battery sales continue to be promoted recently. If the main model 6-QW-45Ah is 175 yuan per unit, the current battery inventory has been reduced to less than a month. Manufacturers in Hebei Province reflect that the automotive battery market is in the traditional off-season, coupled with weak lead, dealers are cautious in purchasing, the company currently maintains battery promotion, the factory start-up rate is only around 60%. Manufacturers in Jiangxi Province reflect that the market demand for automotive batteries is not prosperous, and export orders have not improved. At present, the operating rate of factories is maintained at 50 to 60%, and raw material lead is purchased on demand.

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