A Summary of SMM Battery Market for Electric vehicles on June 18

SMM June 18: dealers in Jiangsu Province reflect the poor terminal consumption of the electric battery market, slow digestion of battery supplies, coupled with the downturn in the lead market, cautious procurement in the industry, the current main model 48v12Ah in 230 to 240 yuan / group. Manufacturers in Jiangxi Province reflect that the off-season situation of the electric battery market has not changed, coupled with the drag of the new national standard, finished product orders continue to be weak, in order to control finished product inventory, the current factory opening rate is around 50%. Anhui manufacturers reflect that the market demand for electric batteries is light, dealers purchase enthusiasm is poor, only rigid demand procurement, the current battery inventory is still on the high side, the factory start-up rate of about 60%, raw material lead is basically based on long single purchase.