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SMM January 14 EV Battery Market Overview [SMM Evening News]
Jan 14, 2025, at 9:28 am
SMM January 14 News: Dealers in Hunan reported that the end-use consumption of electric bicycle lead-acid batteries in the market is sluggish, with moderate battery sales. As the Chinese New Year approaches, pre-holiday inventory stocking for batteries has been completed, with inventory levels at about one month. Additionally, the wholesale price of the main model 48V12Ah is 320-330 yuan per unit.
Manufacturers in Jiangxi reported that the replacement demand for electric bicycle lead-acid batteries in the market is moderate. However, due to the customary pre-holiday inventory stocking by dealers, current battery orders are moderate, and the operating rate of factory production lines is above 90%. Meanwhile, raw material lead is being purchased as needed.
Manufacturers in Jiangsu reported that the overall demand for electric bicycle lead-acid batteries in the market is steadily increasing, including orders for complete vehicle assembly and pre-holiday purchases by dealers. Currently, battery inventory is limited, and the factory operating rate is at 80-90%. Additionally, considering the imminent suspension of logistics, lead ingots are being stocked in recent days.