SMM4 month 9: Shandong dealers reflect the electric battery market consumption downturn, battery sales difficulties, and the major brands generally implement promotion, the current main model 48v20Ah wholesale to 440 yuan / group. Jiangsu manufacturers reflect that the market demand for electric bicycle batteries is weak, finished product orders continue to weaken, battery inventory is increasing, and the factory operating rate has dropped to around 70%. Jiangxi manufacturers reflect that the terminal consumption of the electric battery market is light, the purchasing enthusiasm of dealers is not high, coupled with the hindrance of export orders, the current factory operating rate is maintained at 70-80%, but does not rule out the consideration of reducing production.
A Summary of the Battery Market of Electric vehicles on the 9th of SMM4
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn