Summary of Electric vehicle Battery Market on July 4 of SMM

SMM July 4: Zhejiang dealers reflect that the electric battery market demand is weak, and the major brands continue to promote, battery prices have fallen one after another, the current main model 48v20Ah in 420 yuan / group, another battery inventory in about a month. Manufacturers in Fujian reflect that the off-season of the electric battery market continues, and the battery export is general. In order to avoid the accumulation of inventory, the current factory opening rate is about 65%, and the raw material lead is bought and used. Manufacturers in Jiangxi Province reflect that the terminal consumption of the electric battery market is light, coupled with the impact of the new national standard has not improved, dealers are only on-demand procurement, the current factory operation rate is maintained at 60-70%.