Summary of SMM Electric vehicle Battery Market on June 20

SMM June 20: dealers in Jiangxi Province reflect that the terminal consumption of the electric battery market is dismal, at the same time, the major brands continue to promote, fierce competition in the industry, battery supply is difficult to sell, the current battery is basically sold with the purchase, inventory control in a week around, another main model 48v20Ah in 440yuan / group. Manufacturers in Jiangsu Province reflect that the market consumption of electric batteries is light, dealers are cautious in purchasing, and it is difficult to digest the inventory of finished products. At present, the operating rate of the factory production line is maintained at 60-70%. Manufacturers in Zhejiang reflect low demand for replacement in the electric battery market, coupled with weak lead, strong sentiment in the industry to buy up or down, no improvement in finished product orders, and the current factory opening rate is about 60%.