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SMM February 27 Battery Market News [SMM Midday Review]
Feb 27, 2025 12:05Source:SMM
SMM February 27 News: The replacement demand in the e-bike battery market remains weak. Dealers reported that battery sales after the Chinese New Year were mostly weaker than in previous years. Most dealers maintain a cautious outlook on future consumption and have proactively controlled battery inventory. Additionally, several provinces and cities have recently increased subsidies for e-bike trade-in programs, drawing attention to their potential impact on lead-acid battery consumption.
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