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Demand for CAMs Nosedived
Mar 16, 2023 15:55CST
Source:SMM
At present, the demand from power battery, electronics, and E-bike battery sectors was still weak. In power battery market,

SHANGHAI, Mar 16 (SMM) - At present, the demand from power battery, electronics, and E-bike battery sectors was still weak. In power battery market, the demand for auto mobile picked up in February, leading to a significant month-on-month increase in sales. However, the high inventory of vehicles and batteries weighed on the demand for ternary and LFP. At the same time, the rapid recovery of overseas market has drove up the demand for 8-series ternary batteries. In addition, the overall demand in the electronics market was still weak. The falling prices of lithium deepened the downstream wait-and-see sentiment.


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