2 1 Shi Ji Jing Ji Bao Dao·2025-11-11 02:47Group 1 - The core factor driving the current battery sector rally is the unexpected increase in demand, with both power and energy storage demand expectations being revised upwards, significantly driven by AI data centers [1] - According to InfoLink, global energy storage system shipments are expected to grow by 85.7% year-on-year in the first half of 2025, with leading manufacturers achieving capacity utilization rates exceeding 80% [1] - The independent energy storage market in China is experiencing explosive growth after the cancellation of mandatory storage policies, maintaining a growth rate of 30%-40% for the year [1] Group 2 - The rapid development of the AI industry is leading to significant investments in data centers in the U.S., which are becoming major electricity consumers, creating a bottleneck in grid connection due to high load density and fluctuating demand [2] - It is estimated that by 2030, the demand for energy storage from data centers in the U.S. could range from 122 to 245 GWh [2] - The lithium carbonate price surged to 600,000 yuan per ton in November 2022 but has since dropped significantly, impacting the recycling market [2] Group 3 - The battery ETF (561910) tracks the China Battery Index, covering the entire industry chain from materials to cell manufacturing and equipment recycling, with top ten constituents including leading companies in the sector [3]