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China Leading Motive Battery Makers to Hike Battery Prices in December

iconNov 30, 2015 16:00
Source:SMM
Leading motive battery producers in China reportedly will lift battery prices on December 1, SMM understands.

SHANGHAI, Nov. 30 (SMM) – Leading motive battery producers in China reportedly will lift battery prices on December 1, SMM understands.

Markets expect 48v12Ah battery prices to grow to 270-280 yuan or even 300 yuan. However, investors are not confident in price hike by leading battery makers and most retailers hold a wait-and-see attitude.

It is frequently reported that leading motive battery makers will step up battery prices by 10-30 yuan heading into November. But the price hike is delayed by poor end-user consumption. 

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leading motive batteries
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