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Electric Vehicle Battery Prices Fall to RMB 300/set

Release time:2013-05-14

Electric Vehicle Battery Prices Fall to RMB 300/set

May 13, 2013 12:38 GMT   Source:SMM

Summary:Tianneng Power and Chaowei Power cut the prices for 48V 12Ah batteries from RMB 320-330/set to RMB 300/set over the May Day holiday.

 

 SHANGHAI, May 13 (SMM) – Tianneng Power and Chaowei Power cut the prices for 48V 12Ah batteries from RMB 320-330/set to RMB 300/set over the May Day holiday. One consequence of the environmental protection crackdowns in 2011 was the aggressive capacity expansions pursued by China’s surviving, large lead-acid battery producers last year. Environmental Protection Offices reported that the aggregate capacity ......