SMM Oct. 9: Hubei dealers reported that the electric battery market consumption is OK, but with the decline in lead prices, as well as the industry's concerns about the subsequent off-season, retailers tend to be cautious, the current main model 48v20Ah in 460-480 yuan / group, in addition to the local electric tricycles on the road. Shandong dealers reported that the electric battery market after the consumption gradually weakened, battery sales have declined, in the near future mainly to digest inventory, another main model 48v12Ah wholesale 270-280 yuan / group. Jiangxi manufacturers reflect that the market consumption of electric batteries has weakened, coupled with the decline in lead prices, the enthusiasm of dealers to purchase has been weakened, the current factory operating rate has been temporarily maintained at 80%, raw materials lead on-demand procurement.
Summary of SMM Electric vehicle Battery Market on Oct. 9
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