Summary of SMM Electric vehicle Battery Market on Oct. 8

SMM Oct. 8: Zhejiang dealers reflect that the terminal consumption of electric battery market is weakening, the purchasing enthusiasm of retailers is slightly lower, and there is a promotion in the battery wholesale market during the National Day. At present, the main model 48v20Ah is in 440-450 yuan / group. Jiangsu dealers reflect that the peak season of the electric battery market is coming to an end, battery sales tend to be flat, and due to slow delivery by manufacturers, some models are still out of stock, and the main model 48v20Ah wholesale 450-460 yuan / group. Henan manufacturers reported that the peak season of the electric battery market turned weak, dealers mostly turned to on-demand procurement, new orders fell, in addition, due to short-term production restrictions during the National Day period, the current factory operating rate maintained at 80%.