Summary of Electric vehicle Battery Market on July 15 of SMM

SMM July 15: Hubei dealers reflect the electric battery market terminal consumption is general, and manufacturers began to narrow the promotion efforts, the current main model 48v12Ah wholesale price quoted to 270 yuan / group, retailers slightly better purchasing enthusiasm, battery sales have improved. Shanxi dealers reflect that the electric battery market replacement demand is flat, batteries are basically sold with the purchase, such as 48v20Ah maintained at 410 yuan / group, another recent first-line brand price trend, each group is expected to increase in 20 yuan / group. Manufacturers in Jiangxi Province reflect that the off-season trend of the electric battery market continues, dealers basically purchase on demand, finished battery orders are not prosperous, and the current factory operation rate is maintained at 60-70%.