Summary of Electric vehicle Battery Market on March 7 of SMM5

SMM5 7: Jiangsu dealers reported that the electric bicycle battery market is in the off-season, battery sales difficulties, coupled with fierce competition in the industry, battery inventory for more than half a month, another main model 48v12Ah in 220 yuan / group. Zhejiang manufacturers reflect light demand in the electric battery market, cautious procurement by dealers, poor orders for finished products, and the current factory operating rate is maintained at around 70%. Anhui manufacturers report that the replacement demand in the electric battery market is weak, coupled with intensified competition in the industry, battery low-price promotion continues, the current factory operating rate is maintained at 60%, lead is purchased on demand.