Summary of Electric vehicle Battery Market in SMM on Oct. 14

SMM, Oct. 14: Zhejiang dealers reflect that the traditional peak season of the electric battery market will come to an end, while lead prices will fall, and the promotional atmosphere in the wholesale battery market will be thickened. The current main model 48v20Ah is in 460-480 yuan / group. Shandong manufacturers reflect the general market demand for electric batteries, coupled with weak lead prices and cautious procurement by dealers. At present, the factory operating rate is maintained at 80%, and the raw material lead is used with the purchase. Jiangxi manufacturers reflect that the terminal consumption of the electric battery market has weakened, the purchasing enthusiasm of dealers has slowed down, new orders have declined, and the current factory operating rate is around 80%. If subsequent consumption continues to weaken, or tighten the operating rate of the production line.