SMM November 5 Automotive Battery Market Summary [SMM Evening News]

SMM November 5 News: Dealers in Hubei reported that replacement demand in the automotive battery market is moderate, with no significant improvement in battery sales. Current battery inventory is around one and a half months. The wholesale price for the main model 6-QW-45Ah is 160-180 yuan per unit. Manufacturers in Jiangxi indicated that domestic demand in the automotive battery market is sluggish, while export orders are affected by factors such as cost differences between domestic and international lead materials and tariffs. To avoid inventory accumulation, the current operating rate is around 80%. Manufacturers in Zhejiang reported that overall demand in the automotive battery market is weak, with dealers generally purchasing as needed. Meanwhile, export orders continue to weaken due to tariff impacts. Currently, the factory production lines are not at full capacity, operating at 80-90%.