SMM June 10 EV Battery Market Roundup [SMM Evening News]

SMM June 10 News: Dealers in Hunan region report that end-use consumption in the e-bike lead-acid battery market is sluggish, retailers' purchasing cycles have lengthened, and battery inventory currently stands at about half a month. Additionally, the wholesale price of the main model 48V20Ah is 380 yuan per unit. Manufacturers in Jiangsu region report that the off-season trend in the e-bike lead-acid battery market has intensified, with poor finished product orders. To ease battery inventory pressure, the factory operating rate has dropped to around 70%, and raw material lead is purchased as needed. Manufacturers in Jiangxi region report that replacement demand in the e-bike lead-acid battery market is sluggish, dealers are cautious in purchasing, and coupled with the decline in vehicle matching orders, the factory operating rate is currently maintained at around 60%, with raw material lead mainly used to digest inventories.