Summary of SMM Electric vehicle Battery Market on July 1

SMM July 1: dealers in Jiangsu Province reflect that the terminal consumption of electric battery market is light, coupled with the weak rise in lead prices, retailers are more cautious on demand, the current main model 48v20Ah wholesale 420 yuan / group, another battery inventory nearly a month. Hunan dealers reflect that the electric battery market replacement demand is low, the major manufacturers continue to promote sales, fierce competition in the industry, now 48v20Ah has been as low as 410 yuan / group. Manufacturers in Zhejiang Province reflect that the market consumption of electric batteries is poor, dealers are cautious in purchasing, and finished product orders have not improved for the time being. At present, the operating rate of the factory is maintained at 60-70%, and the raw material lead is bought and used.