From the overall data analysis, at the end of June, the rigid demand in the energy storage sector remained stable, supported by domestic and overseas demand due to mid-year activities and various policies. The automobile sales boom from earlier auto shows in June has since subsided. The new energy vehicle penetration rate has stabilized, but the consumer market is lackluster. While terminal demand is expected to increase somewhat, the growth is likely to be limited. In terms of market transactions, activity remained low through the end of June. Some second-life battery manufacturers maintained minimal inventory, adhering to a just-in-time procurement strategy. Looking ahead to July, after the mid-year period, demand for both automotive and energy storage markets is expected to decline further.
【SMM Analysis】Second-Life Battery Market Analysis and Trends (2025.6.30-2025.7.4)
- Jul 04, 2025, at 6:00 pm
From the overall data analysis, at the end of June, the rigid demand in the energy storage sector remained stable, supported by domestic and overseas demand due to mid-year activities and various policies. The automobile sales boom from earlier auto shows in June has since subsided. The new energy vehicle penetration rate has stabilized, but the consumer market is lackluster. While terminal demand is expected to increase somewhat, the growth is likely to be limited. In terms of market transactions, activity remained low through the end of June. Some second-life battery manufacturers maintained minimal inventory, adhering to a just-in-time procurement strategy. Looking ahead to July, after the mid-year period, demand for both automotive and energy storage markets is expected to decline further.
