SMM

SMM reported on May 19: Dealers in Anhui region indicated that the e-bike battery market is currently in the off-season, with slow inventory digestion. Major brands are generally conducting sales promotions, such as the main model 48V12Ah being wholesaled at 280-310 yuan per set. Manufacturers in Henan region reported that the replacement demand in the e-bike battery market is sluggish, and dealers' procurement enthusiasm is poor. To control the growth of finished product inventories, the current operating rate of factory production lines is around 70%. Manufacturers in Shandong region reported that the overall demand in the e-bike lead-acid battery scrap market is sluggish, including both vehicle matching and replacement demand. Dealers are only making just-in-time procurement, and with lead prices fluctuating downward, they are temporarily adopting a wait-and-see attitude towards raw material lead procurement.