SMM5 March 18: Jiangsu dealers reported that the electric bicycle battery market is in the off-season, the battery supply is slowly digested, coupled with fierce competition in the industry, battery prices have fallen one after another, the current main model 48v20Ah at 340 yuan per group. Shandong manufacturers reflect the low consumption of electric battery market, while the price war among major brands intensifies, battery prices are close to the cost line, the current main model 48v12Ah is as low as 210 yuan per group. Manufacturers in Jiangxi region report that the terminal consumption of the electric battery market is poor, dealers are cautious in purchasing, and the inventory of finished products has remained high for nearly a month, while the operating rate of the factory has been maintained at around 70%.
A Summary of the Battery Market of Electric vehicles on the 18th of SMM5
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