Summary of Electric vehicle Battery Market on March 7 of SMM4

SMM4 7: Shandong dealers reflect that the electric battery market terminal consumption is light, battery inventory digestion is slow, coupled with the wholesale market promotion atmosphere is strong, retailers are more cautious on demand, the current main model 48v20Ah in 450-460 yuan / group. Zhejiang manufacturers reflect the general replacement demand in the electric battery market, while the traditional consumption expectations for the opening season are limited, finished product orders are low, and the current factory operating rate is maintained at 70-80%. Raw materials are purchased on demand. Jiangsu manufacturers reflect that the terminal consumption of electric bicycle battery market is not prosperous, dealers are mostly on-demand procurement, the recent inventory of finished products has increased one after another, the follow-up does not rule out the implementation of battery promotion.