A Summary of the Battery Market of Electric vehicles on the 17th of SMM7

Published: Jul 17, 2020 18:41

SMM7 March 17: Jiangsu dealers report that the market demand for electric batteries is not prosperous, and with the decline of lead prices, retailers' enthusiasm for replenishing inventory has declined. At present, the main model 48v20Ah is at 350 yuan per group. Manufacturers in Shandong area report that the market consumption of electric batteries is general, and dealers purchase on demand. Recently, the pressure on battery inventory has eased somewhat, and the operating rate of the factory has been maintained at around 70%. Zhejiang manufacturers report that the consumption of electric bicycle battery market is not booming, the purchasing enthusiasm of dealers is limited, and due to the drop in lead prices, the risk aversion of some dealers has increased, and the current factory operating rate has been maintained at around 80%.

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
A Summary of the Battery Market of Electric vehicles on the 17th of SMM7 - Shanghai Metals Market (SMM)