Automotive Lead-Acid Battery Market to Benefit as Hebei Province’s Strongest Ever Car Sales Promotion in History Triggers Spillover Effect.

SHANGHAI, Mar 14 (SMM) - On March 3, Hubei Province and Dongfeng Motor Group launched the strongest ever car sales promotion in history, which triggered a spillover effect. According to incomplete statistics, dozens of provinces and cities including Shanghai, Zhejiang, Henan, Sichuan, Heilongjiang, Shanxi, Yunnan, Hainan and Guizhou have unveiled policies to promote automobile consumption. Thus, some lead-acid battery companies are optimistic about their orders from the auto sector in March-April. In this context, weakening demand for battery replacement did not trigger massive output cuts by lead-acid battery companies.