SHANGHAI, Nov. 30 (SMM) – Leading motive battery producers in China reportedly will lift battery prices on December 1, SMM understands.
Markets expect 48v12Ah battery prices to grow to 270-280 yuan or even 300 yuan. However, investors are not confident in price hike by leading battery makers and most retailers hold a wait-and-see attitude.
It is frequently reported that leading motive battery makers will step up battery prices by 10-30 yuan heading into November. But the price hike is delayed by poor end-user consumption.
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