Summary of SMM Electric vehicle Battery Market on October 17

SMM October 17: Chongqing dealers reflect that the market demand for electric batteries is not strong, coupled with the local regulation of electric bicycles on the road, battery sales are general, the current main model 48v20Ah in 460 yuan / group. Hunan dealers reflect that the market demand for electric storage batteries has become weak, the promotional atmosphere in the industry is relatively strong, some models have been promoted ahead of the National Day period, the current main model 48v20Ah wholesale in 460470 yuan / group. Zhejiang manufacturers reflect that the peak season of the electric battery market is over, dealers purchase cautiously, new orders are lower than before the National Day, the current factory operating rate is temporarily maintained at 80%, another raw material lead as needed.