SMM

SMM March 11 News: Dealers in Zhejiang reported that the end-use consumption of e-bike lead-acid batteries in the market remains weak, with slow inventory turnover. Meanwhile, the market will enter the traditional off-season in March-April. Recently, batteries are being purchased only for just-in-time procurement, with inventories controlled within half a month. Additionally, the main model 48V12Ah is priced at 310 yuan per unit. Manufacturers in Shandong reported that the replacement demand for e-bike lead-acid batteries in the market is poor, and dealers are cautious in their purchases. New orders in March have declined, and finished product inventories are relatively high. Currently, the factory operating rate is above 90%. If inventories continue to accumulate, production cuts or holidays cannot be ruled out. Manufacturers in Anhui reported that the demand for e-bike lead-acid batteries in the market is moderate, with good orders for complete vehicle matching. Currently, the factory production line operating rate is above 90%. Additionally, raw material lead is being purchased as needed.