A Summary of the Battery Market of Electric vehicles on the 27th of SMM7

Published: Jul 27, 2020 18:29

SMM7 March 27: Hubei dealers reported that the terminal consumption of electric storage battery market has not improved greatly, while the price of battery has risen one after another, and the trading activity of battery wholesale market has increased. At present, the main model 48v12Ah is up to RMB260 / group. Manufacturers in Jiangxi reflect that the consumption of electric batteries in the market is stable, and due to the rise in lead prices, dealers' enthusiasm for purchasing, and orders for finished products, the current factory operating rate is around 80%. Manufacturers in Anhui reflect the general market demand for electric batteries, but with the rebound in lead prices, the price of batteries has increased, the risk aversion among dealers has eased, and battery inventory has been gradually digested, and the operating rate of the factory is now more than 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 27th of SMM7 - Shanghai Metals Market (SMM)