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SMM February 25 Automotive Battery Market Overview [SMM Evening News]
Feb 25, 2025, at 8:25 am
SMM February 25 News: Dealers in Zhejiang reported that the demand for automotive lead-acid batteries after the Chinese New Year was mediocre, with limited restocking demand from retailers. Currently, battery inventory is approximately one and a half months, and the wholesale price for the main model 6-QW-45Ah is 180-200 yuan per unit.
Manufacturers in Shandong reported that the replacement demand for automotive lead-acid batteries was average, and there has been no significant improvement in supporting orders. Factories are maintaining a produce-based-on-sales model, with production line operating rates at 60-70%. Raw material lead is mainly consumed from inventory.
Manufacturers in Anhui reported that the demand for automotive lead-acid batteries was weak, and dealers mostly restock as needed. Recently, battery orders have shown mediocre performance. Currently, factory operating rates are at 70-80%, and raw material lead is purchased as needed.
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