SMM June 2: Dealers in Zhejiang reported that end-use consumption in the e-bike lead-acid battery market was sluggish, with slow battery absorption. Currently, battery inventories exceeded one month. In addition, the recent battery wholesale market had a strong promotional atmosphere. For example, the wholesale price of the main model 48V12Ah was 275 yuan/set, and some brands began "buy * get * free" campaigns. Manufacturers in Jiangxi reported that replacement demand in the e-bike lead-acid battery market was weak, and dealers showed low purchasing enthusiasm. Coupled with high finished product inventories, factory production lines were maintained at around 70% in recent days and plan to stay at this level for 1-2 days. Manufacturers in Henan reported that the off-season trend in the e-bike lead-acid battery market remained unchanged, with OEM battery orders for complete vehicles also being mediocre. Currently, factories produced based on sales, with production line operating rates at around 80%, and raw material lead was purchased as needed.
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