SMM April 28 EV Lead-acid Battery Market Overview [[SMM Evening News]]

SMM April 28 News: Dealers in Anhui reported that the replacement demand for e-bike batteries in the market was sluggish, and the digestion of battery inventory was slow. Currently, inventory levels are maintained at around half a month. Additionally, the battery wholesale market is in a state of sales promotions, with the main model 48v20Ah priced at 410-420 yuan/set. Manufacturers in Shandong reported that end-use consumption in the e-bike battery market was sluggish, with no improvement in finished product orders. To avoid inventory accumulation, the current factory operating rate is at 60-70%, with raw lead being purchased as needed. Manufacturers in Zhejiang reported that the e-bike battery market is currently in the off-season, with dealers only making just-in-time procurement. Currently, the factory operating rate is at 70-80%. Additionally, it is planned to have a 4-5 day holiday during the Labor Day period.