Two Motive Battery Producers Raise Prices, Improving Transaction, SMM Reports

Published: May 24, 2017 13:34

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Two leading battery producers in China announced to raise motive battery price up by 30-50 yuan, such as 48v20Ah up to above 500 yuan。

SHANGHAI, May (24) – Two leading battery producers in China announced to raise motive battery price up by 30-50 yuan, such as 48v20Ah up to above 500 yuan, SMM learns.

The news eased market participants’ pessimistic outlook over motive battery market.

Many distributors started building low-price stocks with rising purchase interest, and orders at battery producers improved.

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