SMM August 11 EV Battery Market Overview [SMM Evening News]

SMM August 11 News: Anhui dealers reported that e-bike lead-acid battery market demand was weak, the wholesale battery market maintained a promotional atmosphere, with the main model 48V12Ah wholesale price at 270-280 yuan per set, battery inventory was nearly one month, and only a few battery models were restocked. Zhejiang manufacturers reported that e-bike lead-acid battery market demand was weak, finished product orders had not improved, the factory produced based on sales, with an operating rate around 70%, lead prices had risen recently, and production focused on consuming existing lead inventory. Jiangsu manufacturers reported that the traditional peak season for the e-bike lead-acid battery market was underperforming, dealer purchasing enthusiasm was low, battery inventory digestion was slow, the factory's operating rate was maintained at around 70%, and raw material lead was procured only on a just-in-time basis.