Summary of Electric vehicle Battery Market in SMM on June 17

SMM June 17: dealers in Shandong Province reflect that the terminal consumption of the electric battery market is light, coupled with the influence of the new national standard, retailers only buy with the sale, the current inventory is about half a month, another main model 48v20Ah in 430440yuan / group. Zhejiang manufacturers reflect the low demand for electric battery market, the industry generally implement battery promotion, dealers buy up or down mood is strong, the current factory operation rate is controlled in the vicinity of 70%. Manufacturers in Jiangxi Province reflect that the electric battery market is in the off-season, battery orders have no signs of improvement, in order to avoid the accumulation of inventory, the current factory opening rate is maintained at about 60%, raw material lead on demand procurement.