Resumption of Lead-acid Battery Companies Led to Increasing Operating Rate

Published: Mar 16, 2023 15:55

Source: SMM

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According to research, most lead-acid battery companies resumed the production before February 5, leading to increasing operating rates.

SHANGHAI, Mar 16 (SMM) - According to research, most lead-acid battery companies resumed the production before February 5, leading to increasing operating rates. Given the early suspension of logistics in some areas, coupled with the growing battery consumption post the CNY holiday, especially the consumption of electric bicycle batteries, most traders restocked actively and the operating rates of enterprises increased. As for the automotive battery sector, after the routine post-holiday stockpile period, the orders were average, hence the medium and large-sized enterprises rarely produced in full capacity.

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