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SMM December 17 Electric Vehicle Battery Market Overview [SMM Evening News]
Dec 17, 2024, at 6:30 pm
SMM December 17 News: Dealers in Henan reported that end-use consumption in the electric bicycle lead-acid battery market remains sluggish, with battery sales declining. Current inventory is approximately one month. Additionally, there is an expectation of price increases in the battery wholesale market, with the main model 48V12Ah priced at 320-340 yuan per unit.
Manufacturers in Jiangsu reported that consumption in the electric bicycle lead-acid battery market is weakening, while lead prices are rising. The company is planning to raise battery selling prices, and dealers are gradually restocking as needed. The current operating rate of factories is around 80%.
Manufacturers in Hebei reported that replacement demand in the electric bicycle lead-acid battery market is relatively weak, while battery orders for tricycles remain moderate. To avoid excessive inventory accumulation, the current operating rate of factories is at 80-90%. Additionally, raw material lead is being purchased as needed.
