Summary of Electric vehicle Battery Market in SMM on June 24

SMM June 24-Hubei dealers reflect the electric battery market terminal consumption is bleak, at the same time, the lead market is depressed, the industry buy up or down mood is stronger, the current sales to digest inventory, another main model 48v20Ah wholesale 440460yuan / group. Manufacturers in Shandong area reflect that the market demand for electric batteries is light, dealers are cautious in purchasing, in order to avoid the accumulation of inventory, the current factory opening rate is maintained at about 50%, and the raw material lead is bought and used at will. Manufacturers in Jiangsu Province reflect the off-season situation of the electric battery market, coupled with the weak lead situation, dealers procurement enthusiasm is poor, the current battery inventory has been nearly a month, July or consider reducing production by 10%.