Summary of Electric vehicle Battery Market on March 15 of SMM4

SMM4 15: Shandong dealers reflect that the electric battery market terminal consumption is not prosperous, and the major brands generally carry out sales promotion, fierce competition in the industry, the current inventory in about half a month, another main model 48v20Ah wholesale to 410 yuan / group. Zhejiang manufacturers reflect the low demand for electric batteries, coupled with weak lead, dealers buy up or down, finished goods orders are not good, the current factory operating rate is maintained at about 70%, the follow-up does not rule out the reduction of production plans. Jiangsu manufacturers reflect that the terminal consumption of electric bicycle battery market is light, dealers mostly purchase on demand, battery inventory remains high, the current factory operating rate has dropped to about 60%.