SMM February 17 EV Battery Market Overview [SMM Evening News]

Published: Feb 17, 2025 16:45

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SMM February 17 News: Dealers in Anhui province reported that the consumption of electric bicycle lead-acid batteries in the market is sluggish, with cautious purchases by retailers. Meanwhile, lead prices struggle to rise, and the wholesale price of batteries remains basically stable compared to pre-holiday levels. Currently, the wholesale price of the main model 48V12Ah is 310-320 yuan/set. Manufacturers in Jiangxi province reported that the replacement demand for electric bicycle lead-acid batteries is average. Coupled with concerns about the traditional off-season, dealers show low enthusiasm for purchases. At present, factories produce based on sales, with production line operating rates at 70-80%. Manufacturers in Zhejiang province reported that the demand for electric bicycle lead-acid batteries is mediocre, and dealers are only purchasing as needed after the holiday. Although lead prices have risen compared to pre-Chinese New Year levels, battery selling prices face difficulties in following the increase due to actual end-user consumption issues. Additionally, production line operating rates at factories are around 70%.

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