A Summary of the Battery Market of Electric vehicles on the 11th of SMM5

Published: May 11, 2020 17:33

SMM5 month 11: Shandong dealers reflect the electric battery market replacement demand is low, the major brands to increase promotion efforts, the main model 48v20Ah is generally 370-380 yuan / group, battery sales pressure. Hubei manufacturers reflect that the terminal consumption of electric battery market is turning weak, the first-line brand takes the lead in promotion, and the demand of retailers is limited. At present, the main model 48v20Ah is 360-370 yuan / group. Jiangxi manufacturers reflect that the market demand for electric batteries is not strong, finished product orders are general, coupled with fierce competition in the industry, the factory operating rate has been reduced to 60-70%, raw materials lead with the purchase.

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