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SMM December 23 EV Battery Market Overview [SMM Evening News]
Dec 23, 2024, at 4:45 pm
SMM December 23 News: Dealers in Hunan reported that the replacement demand in the electric bicycle lead-acid battery market remained flat, with little change in battery sales. Currently, battery inventory is maintained at less than half a month, and the main model 48V20Ah is priced at 420 yuan per unit.
Manufacturers in Jiangsu reported that the overall demand in the electric bicycle lead-acid battery market was relatively weak, with dealers showing reduced procurement enthusiasm. Factories are expected to produce based on sales, with production line operating rates at 70-80%. Additionally, raw material lead is procured on a just-in-time basis.
Manufacturers in Anhui reported that year-end demand in the electric bicycle lead-acid battery market has softened. Due to the previous rise in lead prices, the company is expected to increase battery selling prices, prompting dealers to actively stock up. Recent production remains focused on fulfilling previous orders, with factory operating rates at 80-90%.
