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Summary of SMM Electric vehicle Battery Market on July 2
Jul 2,2019 17:51CST
The content below was translated by Tencent automatically for reference.

SMM July 2: dealers in Jiangxi Province reflect that the market demand for electric batteries is not strong, coupled with the weak rise in lead prices, manufacturers maintain sales promotion for finished batteries, the current main model 48v12Ah in 240 yuan / group. Dealers in Hubei region reflect that the replacement demand of the electric battery market is poor, the battery supply is digested slowly, and the competition among the major brands is fierce. Now the battery inventory is about 2 months, and the recent sales are mainly digested inventory, and the other main model 48v20Ah is 410 to 420 yuan / group. Manufacturers in Jiangsu Province reflect that there is no sign of improvement in the terminal consumption of the electric battery market, dealers only purchase with rigid demand, finished product orders continue to be depressed, the current factory start-up rate of about 60%, another raw material lead with the purchase and use.

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