Summary of Electric vehicle Battery Market in SMM on July 17

SMM, July 17: dealers in Hunan Province reflect the general consumption of electric battery market, and due to manufacturers to increase battery prices, retailers purchase enthusiasm slightly better, the current main model 48v20Ah wholesale price of 450 yuan / group. Manufacturers in Jiangsu Province report that stimulated by the recent increase in battery prices, dealers purchase enthusiasm for the better, but considering that there is no significant change in terminal consumption, the current factory opening rate is maintained at around 60%. Zhejiang manufacturers electric battery market consumption is flat, and due to the rise in battery and lead prices, risk aversion in the industry has eased, finished product orders have improved, the current factory opening rate of about 70%, another strong rise in lead prices, the recent raw materials are basically based on long single procurement.