SMM May 26 Automotive Battery Market Overview [SMM Evening News]

SMM May 26 news: Dealers in Hubei reported that end-use consumption in the automotive storage battery market was sluggish, with battery sales being mediocre and battery inventory exceeding one and a half months. Additionally, selling prices in the battery wholesale market remained unchanged, with the main model 6-QW-45Ah priced at 180-200 yuan/unit. Manufacturers in Anhui reported that replacement demand in the automotive storage battery market was weak, with finished product orders remaining sluggish, while OEM orders for complete vehicles were also limited. Currently, factories produce based on sales, with operating rates maintained at around 80%. Manufacturers in Zhejiang reported that the automotive storage battery market was in the off-season, with dealers purchasing cautiously. Coupled with poor export orders, factory operating rates were currently maintained at 70-80%, and raw material lead was only purchased as needed.