SMM, April 9: Dealers in Anhui reported that e-bike lead-acid battery replacement demand was sluggish, with slow digestion of battery inventories. Meanwhile, lead prices rose compared to March, pushing up battery production costs. The battery wholesale market has not yet launched sales promotions as it typically does during the off-season, with the mainstream model 48V20Ah currently priced at 390-400 yuan/set. Manufacturers in Jiangxi reported that the e-bike lead-acid battery market entered the consumption off-season, with declining dealer purchasing enthusiasm. To ease finished product inventory pressure, production in April plans to be reduced by approximately 10% compared to March, and raw material lead is primarily procured through long-term contracts. Manufacturers in Zhejiang reported that e-bike lead-acid battery market demand turned sluggish, with finished product orders in April already significantly lower than in March. To avoid inventory accumulation, factories took a three-day holiday for the Qingming Festival, and production is currently on a produce-based-on-sales basis.
