Summary of Electric vehicle Battery Market in SMM on July 24th

SMM July 24: dealers in Shandong Province reflect that with the emergence of high temperature weather, the replacement demand of the electric battery market has relatively improved, the digestion of battery supply has been accelerated, and the atmosphere of price increase in the battery market has been thicker. At present, the main model 48v20Ah wholesale report is 460-470yuan / group. Dealers in Tianjin reflect that the terminal consumption of electric battery market is slightly better, but because of the large inventory in the early period, the recent sales are mainly digested inventory, and the main model 48v20Ah is in 440yuan / group. Zhejiang manufacturers reflect a slight improvement in the market consumption of electric batteries, coupled with the recent rise in lead, dealers can purchase enthusiasm, the current battery inventory has been digested, the factory operating rate of 70 to 80%.