SMM

SMM February 20: The end-use consumption in the e-bike lead-acid battery market remains weak, with no significant improvement in dealer sales. Coupled with concerns about the traditional off-season in March, dealers generally take the initiative to control inventory, with most inventories remaining on par with 10-20 days. Meanwhile, wholesale prices in the battery market show little fluctuation, with the main model 48V20Ah wholesale price at 410-430 yuan per unit.

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