Summary of Electric vehicle Battery Market on July 10th of SMM

SMM July 10: dealers in Hubei Province reflect that the terminal consumption of the electric battery market is not prosperous, while the lead price fluctuates greatly, and the battery wholesale market is expected to rise. Some dealers have reduced the intensity of pre-promotion, such as the main model 48v20Ah to 430440yuan / group. Zhejiang manufacturers reflect that the replacement demand of the electric battery market is light, at the same time, the impact of the new national standard of electric vehicles continues, and the finished product orders have not been significantly improved for the time being. at present, the factory opening rate is maintained at 60 to 70%. In addition, the low lead price has rebounded, and the purchasing enthusiasm of dealers is slightly better, and because of the large battery inventory, the current factory opening rate is about 60%.