Lead-Acid Battery Enterprises' Production Increase Plans Remain Unmoved, Holidays Arrive First; Operating Rate Turns Down [SMM Lead-Acid Battery Weekly Operating Rate Comment]

It is learned that during the week of May 29 – June 4, 2026, the SMM weekly composite operating rate of lead-acid battery enterprises across five provinces was 65.69%, down 1.18 percentage points WoW.

This week, the weekly operating rate of lead-acid battery enterprises declined, mainly due to shutdowns at e-bike battery enterprises in Jiangxi and Jiangsu. Entering June, the half-year period also commenced. Large enterprises planned to increase production to fulfill their half-year production and sales plans, but end-user market demand was sluggish and dealers purchased cautiously. Only first- and second-tier brand enterprises had initiated sales promotions on batteries, but the improvement in orders was limited. In addition, as recent summer heat increased, factories suspended operations, causing the operating rate of lead-acid battery enterprises to decline instead of rising.