储能系统电池：上调预测 17%；人工智能数据中心储能应用场景崛起

更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 Asia Pacific Equity Research 30 November 2025 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. ESS Battery Raising forecasts by 17%; AIDC ESS use case emerging Global ESS demand has exceeded expectations this year, with battery sh ...