According to reports, the SMM weekly comprehensive operating rate for lead-acid battery producers in five provinces was 73.39% from November 21 to November 27, 2025, an increase of 2.83 percentage points WoW.
By the end of November, consumption in the lead-acid battery market showed divergence. With the arrival of winter, end-use consumption in the e-bike lead-acid battery market gradually weakened. Coupled with consecutive declines in lead prices, dealers became cautious in procurement, and producers generally adopted a produce-based-on-sales approach, showing low production enthusiasm. In contrast, the automotive battery market approached the traditional replacement peak season and was about to enter the final month of the year. Medium and large enterprises successively began routine inventory building for year-end, leading to an increase in production line operating rates, which drove the lead-acid battery operating rate higher this week.
