Newssummary: Tianneng and Chaowei Act to Raise Battery Price

SHANGHAI, Apr. 21 (SMM) – Tianneng Group and Chaowei Power Co. united to set the bottom sales price of batteries, ddcsjw.com reported. 

Tianneng Group announced Apr. 18 to set the wholesale price of 48/12 battery no less than 320 yuan per set, and no less than 520 yuan for 48/20 battery. 

Chaowei Power Co. also released the wholesale price of 48/12 at 320 yuan, and no less than 316 yuan for key clients. 

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