SMM June 10 EV Lead-acid Battery Market Overview [SMM Evening News]

    SMM June 10 news: Dealers in Zhejiang reported that the off-season in the e-bike lead-acid battery market continued, with no improvement in battery sales. Coupled with the weak trend of lead prices, batteries were only restocked as needed, and inventories were controlled within 10 days. Manufacturers in Jiangxi reported that the replacement demand in the e-bike lead-acid battery market was sluggish, with dealers purchasing as needed and weak orders for finished products. Currently, the factories produced based on sales, with the operating rate of production lines at 70-80%, and most of the raw lead was purchased through long-term contracts. Manufacturers in Jiangsu reported that the overall demand in the e-bike lead-acid battery market was sluggish, with no improvement in order conditions in June. Currently, the operating rate of the factory's production lines was approximately 70%, and production mainly focused on digesting inventories.