A Summary of the Battery Market of Electric vehicles on the 29th of SMM5

SMM5 March 29: Anhui dealers reported that the consumption of electric bicycle battery market is light, at the same time, the price war in the industry is fierce, the price of battery is all the way down, while retailers have a strong mood to buy up or down, and the current battery inventory is about half a month. Shandong manufacturers report that the market demand for electric batteries is weak, and dealers are cautious in purchasing, among which tricycle batteries turn to the off-season, orders drop, and the factory operating rate is now 50%. Zhejiang manufacturers report that the electric bicycle battery market is in the off-season, and battery sales have not improved significantly for the time being. at present, the operating rate of the factory has been maintained at 70 per cent, and the price of lead has increased greatly in another week, and the purchase of raw materials is basically dominated by long orders.