Summary of Electric vehicle Battery Market on March 23 of SMM4

Published: Apr 23, 2020 17:48

SMM4 23: Shandong dealers reflect the electric battery market replacement demand is light, and the major brands generally implement promotion, the industry risk aversion is strong, battery supply digestion is slow, the current main model 48v12Ah in 230240 yuan / group. Zhejiang manufacturers reflect that the market demand of electric batteries is not prosperous, the purchasing enthusiasm of dealers is not high, the digestion of battery inventory is slow, the current factory operating rate is about 80%, and the main raw material lead is long single purchase. Jiangsu manufacturers reflect the low terminal consumption of the electric battery market, coupled with the major enterprises to increase promotional efforts, battery profits are meagre, and in order to ease the inventory pressure, the current factory operating rate is about 50%.

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